Bearing Power International, the bearings and power transmission components distributor with subsidiaries in the UK and Canada, yesterday reported a boost to pre-tax profits from pounds 257,000 to pounds 404,000 in the six months to 31 March, helped by a sharp increase in turnover from pounds 11.3m to pounds 17.9m. Earnings per share slipped from 0.91p to 0.84p. No dividend was declared.
Holmes & Marchant Group, the marketing consultants, announced an increase in pre-tax profits from pounds 461,000 to pounds 576,000 in the six months to 31 March, despite a fall in turnover from pounds 16.7m to pounds 13.3m. Earnings per share improved to 1.76p (1.45p). No dividend was declared.Reuse content