12 September 2024 - interim results
The building products group has announced its interim results to 30 June and these have revealed a decline in turnover to £158m (2023: £180m) although adjusted pre-tax profits rose to £8.8m (2023: £8.7m). The decline in revenues was as a result of lower PVC input prices which reduced previously levied surcharges and subdued demand in the company's core markets. However, operating profit margins increased to 7.6% (2023: 6.6%). Adjusted earnings per share were similar to 2023 at 4.76p (2023: 4.82p) and the interim dividend was raised to . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.