25 June 2013 – final results
Final results, covering the year to 31 March, have been well received. Although turnover was well down on last year following the sale of part of the leasing portfolio, profit before tax improved to £830k (2012: £761k), meaning that basic earnings per share rose from 0.9p to 1.1p. Net assets per share were 17.7p versus 16.6p a year earlier. Despite the shares’ rise they remain a BUY.