Company news in brief

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The Independent Online
Half-year to 30 June

Sheffield Insulations, supplier of insulation products and services, lifted pre-tax profits from pounds 1m to pounds 1.36m. It achieved the result on marginally lower sales of pounds 66.7m (pounds 66.8m), which still produced increased operating profits of pounds 1.4m (pounds 1.2m). Interest payments fell 58 per cent to pounds 65,000. Interim dividend is held at 1.8p.

Fired Earth Tiles, the terracotta and ceramic tile retailer, made pounds 6,000 (pounds 136,000) pre-tax profit, affected by the decline in the housing market. Turnover was virtually unchanged at pounds 2.46m (pounds 2.44m). No dividend (1.625p).

Hornby Group, the toys and leisure products maker, fell to pounds 158,000 (pounds 541,000) pre-tax profit. No dividend.

P-E International, provider of management and computer consultancy group, slumped to pounds 514,000 (pounds 1.8m) pre-tax profit. Interim dividend is 1p (2p).

Business Technology Group, suppliers of office automation equipment and lease broker, climbed from pounds 154,000 loss to make pounds 212,000 pre-tax profit.

Haslemere Estates lifted pre-tax profits to pounds 6.9m (pounds 5.3m).

Acsis Group, the recruitment and sales promoter, slashed pre-tax losses from pounds 1.3m to pounds 285,000.

James Fisher & Sons, the ship owner and charter company, reported lower pre-tax profit of pounds 1.8m (pounds 2.3m). Interim dividend is cut to 0.5p (2p).

Inoco, the property trader, significantly reduced pre-tax losses from pounds 3m to pounds 467,000. No dividend.

Schroder Group declared a 6p (5p) dividend for the first six months of this year.


Breedon, the building materials supplier and contractor, fell to a pre-tax profit of pounds 1m (pounds 1.65m) in the six months to 31 July. The interim dividend has been held at 1.75p.

Whinney Mackay-Lewis, the architect, incurred a pounds 435,000 pre- tax loss (profit pounds 576,000) in the year to 30 April.

Creston, the investment holding company, deepened pre-tax losses to pounds 1.1m (loss pounds 554,000) in the year to 30 June. Net asset value fell to 19.38p (26.68p).