Arlen, the electrical accessories and flourescent lighting control gear manufacturer, announced pre-tax profit of £3.2m (£6.8m) for the year to 31 December. EPS 2.6p (13.2p). Dividend 0.4p.

Five Oaks Investments, the property developer, investor and trader, made pre-tax profit of £964,000 (£655,000) in the six months to 31 December. A 21 per cent rise in rental income helped take the group's annualised rental income to £5.3m. EPS maintained at 0.8p; interim dividend 0.3p (0.2p).

Regina, which markets, distributes and sells royal jelly products, cut taxable losses from £269,000 to £155,000 in the six months to 28 February. Turnover was £766,000 (£683,000). LPS 0.11p (0.19p). No dividend.

IES Group, the electronic access control and information technology equipment developer, is to take a 29.9 per cent stake in AMG, an interactive multimedia software company, at 310p a share.