29 November 2018 – interim results
The designer and manufacturer of plastic products has reported interim results covering the six months to 31 October showing that revenues were 9.8% higher at £13.1m (2017: £11.9m) with underlying pre-tax profits rising to £804,000 (2017: £189,000). Earnings per share on the same basis were 0.87p (2017: 0.23p) and an interim dividend of 0.25p (2017: nil) has been proposed. Net debt has fallen slightly to £6.9m (2017: £7.1m). A confident statement bodes well for the remainder of the year and the shares remain a BUY.