21 November 2022 - interim results
The AIM-listed international supplier of industrial chains and related power transmission products has announced the interim results for the six months to 30 September. These have revealed a 22% increase in revenues to £116.3m whilst adjusted pre-tax profits rose by 40% to £7.3m. Earnings per share on the same basis were 42% higher at 2.7p although there was no interim dividend. These results have benefited from an increase in operating margin to 8.3% from 7.5% with increases in selling prices more than offsetting higher input costs and supply . . .
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