JD Sports Fashion JD delivered another record result with profit before tax for the 26 weeks ended 4 August 2018 increasing by a further 19%.and revenue up by 35% despite reports of market conditions continuing to be challenging. Like for like revenue rose by 3% and basic earnings per share by 24%.The interim dividend is to be increased by 4%.
Ashtead Group AHT delivered a strong first quarter and with the added help of weaker sterling, anticipates that full year results will be ahead of expectations. On a statutory basis revenue for the quarter to the end of July rose by 22% and profit before tax by 23%. Earnings per share were up by 44% and profit a. fter tax by 44%.
Hilton Food Group HFG achieved strong volume and profit growth during the twenty eight weeks to the 15th July and the interim dividend is to be increased by 12% to 5.6p per share.Turnover for the half year was up by 24.5% on a constant currency basis, basic earnings per share rose by 10.4% and profit before tax was up by 20.3%.
Surgical Innovations SUN delivered growth in revenue and profit in the first half of the year despite what it describes as significant headwinds in the market and regulatory environment. Revenue for the six months to the 30th June. were up by 52.4% albeit primarily due to the acquisition of Elemental Healthcare. On an adjusted basis EBITDA rose by 13.3% and operating profit by 35.5%.The Chairman concludes that the the group has now emerged from a challenging period with improved financial results and a strong balance sheet.
Team17Group plc TM17 Celebrates its maiden interim results with a record first half performance which saw revenue rise by 48%. On an adjusted basis earnings per share more than tripled from 0.56p. per share to 1.93p and EBITDA rose by 36%.Performance for the full year will as in previous years be weighted towards the second half. Revenue growth in the second half will be driven by new product launches and continued growth in the business.