2 March 2023 - final results
The molten metal flow engineering and technology specialist has released final results for the year ended 31 December 2022. As anticipated, these were very solid. Revenue was up by a quarter to £2,047m (2021: £1,643m) and profit before tax jumped from £128m to £207m. This translated into Headline earnings per share of 56.5p (2021: 35.3p) and Statutory earnings per share of 67.2p (2021: 37.7p). Net debt reduced from £277m to £255m during the year and a final dividend of 15.75p per share takes the total for the year . . .
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