Welcoming "the fundamental reversal of Hickson's fortunes", the chairman, Sir James Hann, said debt had been reduced to pounds 27.4m and the interim dividend restored at 0.6p. A new management team was installed at Hickson in 1995 after it reported a pounds 45m loss with pounds 103.4m debt.
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SHARES IN Hickson rose 24.4 per cent to 48.5p after the specialist chemicals group unveiled a 30 per cent rise in pre-tax profits to pounds 5.6m for the half to 30 June.