13 December 2018 – interim results

The company has announced results for the year ended 30 September 2018, also stating that trading in the first two months of the new financial year was in line with expectations. Group net revenue was £29.9m (2017: £28.0m) and profit before tax was £2.98m (2017: £2.49m).  The final dividend of 3.0p per share (2017: 2.7p) took the total for the year to 4.75p, an increase of 13% (2017: 4.2p).  Net cash at 30 September 2018 was £3.42m (2017: £3.27m).  These are solid figures and the shares remain a BUY.