Print Published 5th Sep 2018, 11:35

Porta Communications loses another £2m as revenue declines

AIM listed public relations group Porta Communications lost another £2 million in the first half of 2018 as it struggled to consolidate past acquisitions and refinance its expensive borrowings.

The company had warned shareholders in May that its results would be dented by reorganisation costs (see Porta warns that profits will be hit by reorganisation costs).