27 July 2023 - interim results
The molten metal technology group has released interim results for the six month period to 30 June and this has revealed a 2% decline in revenue to £995m although adjusted pre-tax profits fell to £99.9m from £121.8m. Earnings per share on the same basis fell to 24.5p from 31.4p.although the company raised the dividend to 6.8p from 6.5p per share. Net debt at the end of the period fell to £268m from £328m a year earlier. Given the difficult trading conditions these are pretty solid results and . . .
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