Facilities by ADF PLC (GB:ADF) has released an update.
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Facilities by ADF PLC, a leader in providing serviced production facilities to the UK film and HETV industry, reports a mixed financial performance with a 30% decrease in half-year revenues and a loss before tax, but shows resilience with a 17% revenue growth from the previous half. The company remains optimistic, bolstered by its recent strategic acquisition of Autotrak Portable Roadways and the projected £9.5bn industry investment over the next five years. ADF continues to expand its one-stop-shop strategy, aiming to generate £100m in medium-term revenue.
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