Ubisense losses doubled in 2013
Real-time location intelligence firm Ubisense said yesterday its losses has doubled to £1.7m last year, despite revenue growing 11 per cent to £27m. Ubisense chief executive Richard Green described the year as one of promising progress for the company. “The group enters 2014 with increasing momentum,” added Green. Ubisense shares rose 0.51 per cent to close at 245p on the news yesterday.