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Results: SYS1

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System1 Group – trading update… but what was the actual bottom-line performance?

An announcement from System1 Group (SYS1) commences that this “Advertising Effectiveness Agency, is today providing a Trading Update for its financial year to the end of March 2021 ahead of its results announcement on 29 June 2021”. This includes “sales picked up faster than adjusted operating costs” – and the shares have currently responded to 240p, 26% higher. Justified?...

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