20 September 2013 – interim results
Although the results for the six months to 30 June were disappointing, with revenues falling to £11.3m (2012: £14.4m) and the group reporting a loss before tax and exceptional items of £440k (2012: profit £193k), an increased dividend of 1.15p (2012: 1.10p) was declared. The group is confident that the full year will be profitable helped by a strong start to the second half. Although short term prospects remain unexciting investors with considerable patience may be rewarded. BUY