Company News in Brief

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The Independent Online
Half-year to 30 September

Scapa Group, maker of industrial fabrics, almost held pre-tax profits of pounds 20m against pounds 20.3m. Currency changes, which should be reversed in the second half, cost pounds 1.3m but acquisitions added pounds 3.1m to operating profits. Interim dividend is 1.6p (1.52p).

Syltone, maker of ancillary products for the transport industry, reported a marginal rise in pre-tax profits from pounds 1.17m to pounds 1.22m. Dividend is held at 3.15p.

Shanks & McEwan Group, the waste management specialist, saw pre-tax profit fall from pounds 16.7m to pounds 15.8m on turnover up 2 per cent to pounds 79.7m ( pounds 78.1m). Interim dividend is held at 2.24p.

Wrexham & East Denbighshire Water Co lifted pre-tax profit to pounds 1.1m ( pounds 572,000). Interim dividend is 42.55p (28.67p).

Oceonics Group, provider of hi- tech survey and positioning services to ocean industries systems, slipped from pounds 2.4m to pounds 2.1m pre- tax profit.

James Latham, the importer of timber and maker of veneer panels, fell to pounds 54,000 ( pounds 121,000) pre- tax profit. The dividend is held at 1.5p.

Year to 30 September

Metro Radio Group achieved higher pre-tax profits of pounds 1.9m ( pounds 1.7m). A 3.5p final payout keeps the total at 5p.

Control Techniques lifted pre-tax profits to pounds 6.2m ( pounds 4.15m). Final is 4.7p, making 6.85p (6.5p).

Holmes & Marchant, the marketing consultancy group, incurred pounds 160,000 pre-tax loss (profit pounds 2.1m). No dividend.

Other

Wiltshire Brewery Company, brewer of traditional beers and owner of public houses, reduced pre-tax losses from pounds 325,000 to pounds 284,000 in the eight months to 31 May. No dividend.

Alexon Group, the clothing retailer, said it expected its results for the year to 30 January to fall below market profit forecasts of around pounds 7.5m. It believes the outcome for the full year will depend on Christmas trading and the January sale period. Half-year pre-tax profits were pounds 3.8m.

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