28 March 2011 – final results
Results for 2010 were reassuring, with turnover moving beyond the £30m level and underlying operating profit rising by 24.5% to £1.94m (2009: £1.55m). Adjusted earnings per share were 12.2p (2009: 10.1p) and this allowed dividends for the year to be lifted to 4.0p (2009: 3.5p). Straight has ambitious plans for the future and we believe the current share price is too low. BUY.