1 July 2026 - 33p
The specialist precision engineering group has published its results for the year to 31 March, with revenues down 5.8% to £114.2m reflecting the rebalancing of the business towards higher margin activities. Underlying operating profit therefore rose by 28.1% to £12.6m and underlying pre-tax profits were 5% higher at £5.17m reflecting higher finance costs. Earnings per share on the same basis fell slightly to 4.1p due to a higher tax charge and an increase in the number of shares in issue. These are very creditable results in the circumstances benefitting . . .
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