6 March 2024 - interim results

We tipped shares in this construction group last June at 197.8p and they have done well for us, rising by over 24% since then.  The group has now announced its interim results for the six month period to 31 December.  These are pretty impressive with revenues increasing by 21% to £819m with operating margins also increasing.  As a result pre-tax profits before exceptional items rose by 33% to £15.6m with earnings per share on the same basis increasing by 50% to 13.2p due to a lower tax charge.  The interim dividend . . .

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