21 April 2021 - interim results

The agricultural and engineering group Carr's has announced its interim results for the six month period to 27 February.  These have revealed a 0.7% increase in revenues to £201m although adjusted pre-tax profits rose by 8.1% to £10.4m.  Earnings per share on the same basis were 2,5% higher at 8.2p due to a higher tax charge.  An interim dividend of 1.175p has been reintroduced.  Net debt has fallen sharply to £10.6m from £25.4m a year earlier helped by strong cash flow and strong management of . . .

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