17 April 2014 – final results

Group revenues of £26.1m (2012: £27.8m) were generated in 2013 and an underlying operating profit of £0.82m (2012: loss of £0.24m) was recorded.  Adjusted earnings per share were 5.0p (2012: loss of 2.3p) although the basic loss per share was 0.3p (2012:  loss of 12.6p).  Payment of dividends will be reviewed in early 2015 in line with the Group’s dividend policy.  No dividend is being paid based on the 2013 results.  A good start to 2014 means that the company is confident of delivering growth this year.  Potential takeover talks are ongoing and there is likely to be further news on this in the not too distant future.  At this moment in time the shares remain a HOLD.