15 October 2015 – trading update
The group has issued a trading update covering the financial year to 30 September which has revealed that revenues in the second half were higher than the first half with the final quarter being particularly strong. Total revenues for the year were 13% higher than last year and this, helped by improvements in efficiency, will mean that pre-tax profits for the year will be materially ahead of market expectations. We now expect these to emerge at £4.4m for earnings per share of 23.5p with further growth to £4.8m and 26p respectively in the new financial year. BUY.