27 October 2021 - interim results

The leading independent publishing group has announced its interim results for the six month period to 31 August and these have come in ahead of expectations.  Revenues for the period have risen by 29% to £101m with adjusted pre-tax profits coming in 220% higher at £12.9m.  Diluted earnings per share on the same basis were 210% higher at 12.8p and the interim dividend was raised by 5% to 1.34p.  Net cash at the end of the period was £43.7m.  The period benefited from bestsellers including Outdoor Cooking by Tom Kerridge . . .

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