23 November 2022 - interim results
We recommended shares in Halfors back in June at 148.8p and since then the shares have done well for us. The company has announced its interim results for the six months to 30 September and these have revealed that revenues have increased by 10% over the same period in 2021 to £766m although underlying pre-tax profits halved to £29.0m (2021: £57.9m). Earnings per share on the same basis fell to 10.6p from 24.0p and the interim dividend was maintained at 3p per share. Although the decline in profits is . . .
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