Year to 31 March
Avesco, which makes equipment for TV broadcast, corporate video and multi-media industries, reduced pre- tax losses from pounds 2.3m to pounds 1.35m. The losses were incurred after financing charges of pounds 1.2m and pounds 3.3m for research and development expenditure. Turnover rose to pounds 23.4m ( pounds 17.9m). Loss per share was cut from 3.4p to 2.2p. Yesterday its shares rose 4p to 85p, having risen from last summer's 10p level.
Evans of Leeds, the property developer, edged pre-tax profits ahead to pounds 8.8m ( pounds 8.5m), aided by an increase in rental income from pounds 18.3m to pounds 19.2m. Earnings per share were 11.36p (10.67p). Final dividend is 3.14p, making 4.57p (4.15p).
Year to 30 April
Colefax & Fowler, the decorating and furnishings fabrics group, incurred pounds 395,000 pre-tax loss (profit pounds 704,000). Turnover slipped to pounds 28.8m ( pounds 29.1m). Loss per share was 1.05p (EPS 3.7p). Final dividend is 0.5p, making 1p (2.6p).
Farepak, mail order distributor and Christmas hampers group, reported a 14 per cent growth in pre-tax profits to pounds 5.5m ( pounds 4.8m) on sales of pounds 70.45m ( pounds 62.8m). Earnings per share improved to 16.26p (14.3p). Final dividend is 4.1p, making 5.75p (5p).Reuse content