9 August 2023 - final results
The diversified industrial and property group has announced its results for the year to 31 May and these have shown an increase in revenue to £211.5m (2022: £177.9m) although underlying pre-tax profit declined to £27.3m (2022: £30.4m). Earnings per share on the same basis from continuing operations fell to 86.3p from 96,1p. The decline in profitability was expected and was due to a lower contribution from the German commodity trading joint venture, HRMS, which fell to £15.5m (2022: £25m) due to softening commodity markets. There were improved . . .
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