20 November 2013 – interim results
Results for the 26 weeks to 28 September have been released. Revenue increased by 5.2% to £20.94m (H1: £19.91m from continuing operations) and a profit before tax of £943k was recorded versus a loss of £659k. This translated into earnings per share of 0.95p, a marked improvement on the loss of 1.11p per share in the same period last year. No interim dividend was declared but this was expected to be the case.
Discussions with regards to a potential takeover are ongoing and the deadline for the suitor to make an announcement with regards to its intentions is 5pm on 4 December. With this in mind we advise shareholders should AWAIT DEVELOPMENTS.