Company News in Brief

Colorvision, the television and video retailer, made pounds 2m for the 18 months to 31 March compared with pounds 1.4m for the 12 months to 30 September. Tunover rose from pounds 53.2m to pounds 88.5m. Final dividend is 2.5p, making 8.1p (5.6p).

Rodime, maker of computer disc drives, reduced pre-tax losses from dollars 1.5m to dollars 644,000 in the six months to 31 March. No dividend.

Fleming Emerging Markets Investment Trust's net asset value was 105.4p a share at the year ended 31 December. Special dividend is 1.2p.

Sphere Investment Trust's net asset value fell 34 per cent to 19.4p a share in the half-year to 30 June. Interim dividend is 1.5p (1.875p).

Updown Investment Trust's net asset value eased from 493.57p to 491.45p a share in the half-year to 30 June. No dividend.

Clarke Hooper, the marketing services company, is to sell Clarke Hooper Design, which trades as Sterling Design, for about dollars 400,000 ( pounds 210,000) to a company owned by Sterling Design's management. It will use the money from the sale to cut borrowings.

Comments