10 November 2022 - interim results

The engineering and defence group has announced its interim results covering the six months to 30 September and these have shown impressive growth over the same period in 2021. Revenues for the period rose to £673m from £600m with underlying pre-tax profits increasing to £73.6m (2021: £52.5m).  Earnings per share on the same basis rose to 11.4p (2021: 8.1p) and the interim dividend rose to 2.4p (2001: 2.3p).  At the end of the period net cash had risen to £264m from £225m at the end of March despite . . .

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