22 August 2017 – interim results
Interim results for the six months ended 30 June have been released. Revenue jumped by 63% to £173.4m (2016: £106.1m), aided by weakness in sterling. Profit before tax was £3.5m, up 13% on the 2016 figure of £3.1m. On an adjusted basis the figure wass up 24% to £4.6m (2016: £3.7m). Diluted earnings per share were 4.0p (2016: 3.4p) and on an adjusted basis there was growth of 33% to 5.7p (2016: 4.3p). There was no interim dividend declared, as is the norm. These are solid figures even without the helpful currency situation. BUY.