Elektron – 45.5p

12 June 2019 – final results

Results for the year ended 31 January 2019 have been released, with revenue from continuing operations up over 13% to £33.7m (2018: £29.8m).  Profit from continuing operations broadly doubled from £1.9m to £3.8m and diluted earnings per share from continuing operations also doubled, rising from 1.0p to 2.0p.  Net cash at the year end was £10.1m versus £5.2m a year earlier.  We retain our BUY rating.

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