Company News In Brief

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The Independent Online
Wainhomes, the regional house-builder that is to be listed on the London Stock Exchange, has forecast operating profits of pounds 7.05m for the year to 31 March, compared with pounds 6.4m for the previous year.

Resort Hotels is selling four of its hotels in the South-east of England to Cairn Hotels for just under pounds 7.3m in cash.

Inveresk, the paper and board maker, lifted pre-tax profits from pounds 5.8m to pounds 9.3m for the year to 30 November, despite a slight fall in turnover to pounds 90.4m ( pounds 92.5m). EPS 16.9p (11.5p). Final dividend is 3.5p.

Crossroads Oil returned to the black with pounds 156,000 pre-tax profit (loss pounds 265,000) in the six months to 30 September. EPS 0.286p (loss 0.694p). No dividend.

IMC Industries, the soft drinks, video tapes and in-flight entertainment systems group, fell to pounds 182,000 ( pounds 211,000) pre-tax profit in the six months to 31 October, as sales slipped from pounds 3m to pounds 2.7m. Earnings per share are 0.7p (0.9p). No dividend.

William Sinclair, which makes products for the garden, pets and household industries, eased to pounds 1.35m ( pounds 1.4m) pre-tax profit in the six months to 31 December. EPS 4.2p (4.4p). Dividend is held at 1.7p.