4 May 2012 – final results

The group’s annual results to 31 December have revealed another year of substantial growth at the electronic displays group.  Revenue increased by 11% to £23.1m (2010: £20.8m) and pre-tax profits before exceptionals were £1.1m (2010: £0.6m).  Earnings per share on the same basis were 1.2p as against 0.7p.  The total dividend for the year doubled to 0.6p (2010: 0.3p) as a sign of the group’s confidence in the future.  These are excellent results in the circumstances and with further progress expected going forward we rate the shares as a BUY.