April 23, 2020

Straker Translations releases Quarterly Activities Report for Quarter Ended 31 March 2020

"Straker's stable cash flows and strong balance sheet continued in Q4"

Via strakertranslations.com 


Straker's stable cash flows and strong balance sheet continued in Q4

Key takeaways from Q4 FY2020:

  1. Strong capital and liquidity position, combined with appropriate overhead adjustments put the Company in a health position to navigate the global COVID-19 pandemic
  2. Translation services are still in demand, and more so in some sectors
  3. Post-coronavirus, there are opportunities to increase customers seeking supply chain savings using RAY translations platform, and also for a range of well-priced M&A transactions

Click here to read the full ASX release.