17 May 2018 – AGM statement
The group has announced at its AGM today that trading continues to be in line with expectations and, since the results announcement in March, it has been ahead of the comparable period last year. As a result, the group is confident that results for the full year will meet expectations with pre-tax profits of £8.2m expected for earnings per share of 59.7p. New products that have been introduced have been well received and the programme of introducing new products is an important driver of growth. Although the shares have moved up since recommended at 895p last month they remain ATTRACTIVE.