6 August 2013 – interim results

A solid set of interim results has been posted by recent tip Share.  Total revenue was £7.3m versus £7.1m a year earlier.  Profit before tax rose by 16% to £0.7m (£0.6m) and underlying earnings per share were 0.5p (2012: 0.4p).  Net cash was £11.7m, up from £10.6m a year earlier.  We retain our BUY rating.