Company News in Brief
Wessex Water is to put to shareholders at the annual meeting in September a proposal to divide each existing ordinary pounds 1 share into two new ordinary shares of 50p. The company said it was keen to encourage wider share ownership in Wessex.
Year to 30 April
Wyko Group declared a 0.5p (1p) dividend, despite revealing a sharply widening loss from pounds 20,000 to pounds 4.2m. LPS worsened to 11.3p (0.5p).
Howard Holdings climbed from pounds 205,000 taxable loss to pounds 405,000 pre-tax profit, supported by a sharp rise in turnover to pounds 6.4m ( pounds 3.1m). EPS 1.07p (LPS 0.56p). Total dividend is 0.8p (0.5p).
Half-year to 30 June
BPP Holdings lifted pre-tax profits to pounds 3.5m ( pounds 3.3m). EPS edged up to 7.7p (7.6p). Dividend is 3.1p (3p).
Edinburgh Oil & Gas incurred pounds 60,000 loss (profit pounds 103,000) on turnover of pounds 886,000 ( pounds 1.2m). LPS 0.22p (EPS 0.6p). No dividend.
Hemingway Properties achieved pounds 1.25m pre-tax profit (loss pounds 851,000). EPS 0.66p (LPS 1.07p) No dividend.
Lilleshall almost doubled pre-tax profits from pounds 1.8m to pounds 3.5m. Turnover rose to pounds 48.8m ( pounds 31.3m). EPS grew to 7.67p (5.06p). The dividend improved to 1.85p (1.7p).
Microvitec advanced from pounds 570,000 to pounds 1.1m pre-tax profit, assisted by the growth in turnover to pounds 20.9m ( pounds 17.9m). EPS jumped to 1.24p (0.78p). No dividend.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies