AIM-listed All Leisure had derivatives and non-cash writedowns to blame for the reversal as operations remained profitable.
Roger Allard, chairman of the shipowner, says conditions were again tough throughout the year.
“There have been a number of other operational headwinds including continued geo-political uncertainty throughout the world which have impacted to various degrees on our North American, African and Middle Eastern products, particularly in the key market of Egypt,” he said in a report today.
Technical
