14 November 2019 – interim results

The global provider of complex assemblies has announced interim results for the 26 weeks to 29 September 2019.  Revenue was US$195.7m (2018: US$182.4m).  Underlying profit before tax was US$15.3m versus US$9.0m in the same period last year, with statutory profit before tax coming in at US$9.7m, up from US$4.9m.  Basic earnings per share almost doubled to 5.3c (2018: 2.7c) and underlying diluted earnings per share were 8.5c (2018: 5.8c). An interim dividend of 1.0p per share (2018: nil) was declared.  The shares are a BUY.