4 February 2021 - interim results

Results for the six months ended 31 December have been released by the AIM-listed building products specialist.  Group revenues were up 11% to £45.6m (2019: £41.1m).  UK revenues were 9% higher and exports up 23%.  Underlying operating margins were 13.6% (2019: 6.1%) reflecting increased sales, improved margins and the benefit of cost reductions relating to lower overheads.  Underlying profit before tax jumped to £6.0m (2019: £2.3m), which translated into underlying earnings per share of 13.4p (2019: 5.1p).  Basic earnings per share were 12.2p (2019: 5 . . .

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