Readicut International sold Firth Furnishings and its subsidiary company, Firth Europe, to Rieter- Scragg, a subsidiary of Rieter Holding, for a cash price of pounds 9.81m.
A Beckman, the textile merchant and property trader, increased pre- tax profits to pounds 507,000 ( pounds 342,000) in the six months to 31 December, helped by a near-doubling in turnover to pounds 10.4m ( pounds 5.7m). EPS 2.9p (2.2p). Dividend is held at 1.2p.
Year ended 31 December
Clarke Nickolls & Coombs, the property investment group, recovered from pounds 711,000 taxable loss to pounds 99,000 pre-tax profit. EPS 0.48p (LPS 2.5p). No dividend.
Frank G Gates, the motors distributor, drove pre-tax profits sharply higher to pounds 2.1m ( pounds 886,000) on pounds 76.5m ( pounds 56.7m) turnover. EPS 6.45p (3.65p). Total dividend rose to 2.75p (2.25p).
Home Counties Newspapers recorded lower pre-tax profits of pounds 459,000 ( pounds 863,000). Turnover edged up to pounds 24m ( pounds 23m). EPS fell to 4.59p (8.36p). Total dividend is 4.5p (6p).
Severfield-Reeve, structural steel fabricator and erector, turned around from pounds 987,000 taxable loss to pounds 407,000 pre-tax profit. EPS 2.19p (LPS 5.53p). Dividend is 0.25p.
Thompson Clive Investments, the investment company, returned higher pre-tax profits of pounds 715,000 ( pounds 565,000). EPS 4.3p (3.5p). Dividend is maintained at 3.8p.Reuse content