25 October 2010 – trading update
A trading update has revealed that order intake has improved since 1 July although its value remains less than last year. Sales have also been lower than the equivalent period last year although the shortfall is expected to be made up in the last few months of the year. Despite this, lower profits are expected this year, although the prospect of a 5p dividend for the year, putting the shares on a yield of 9.1% should limit any downside. BUY FOR INCOME.