23 May 2024 - final results
The defence and engineering group has announced its annual results for the year to 31 March and these have proved the strength of the group. Despite the difficult trading conditions in the US, the group increased revenues by 21% to £1.91bn with underlying pre-tax profit rising by 16% to £227m. Earnings per share on the same basis rose by 11% to 29.4p and the dividend for the year was increased by 7% to 8.25p per share. Net debt at the year end was £151.2m, down from £206.9m the year . . .
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