Telford Homes TEF Profit before tax for the half year to 30th September fell slightly to £8.7m. compared to last years £9m.due to development timing but a profit before tax of over £40m. is expected for the full year. The interim dividend is increased by 11%. Longer term growth plans are underpinned by the structural shortage of homes, both to buy and rent, in non prime areas of London. Telford plans to deliver 4,200 homes worth over £1.5b to what it describes as an undersupplied London market.
RPC Group RPC saw record profit levels and strong cash generation during the half year to the 31st September. Revenue grew by 53% and statutory profit before tax rose by 129% and earnings per share by 94% in what is now the company’s 25th consecutive year of growth, with the interim dividend being increased by 28%. The second half year has also started well.
Britvic BVIC claims another strong performance for the year to the 1st October, with revenue rising by 7.7% or 2.5% on a like for like basis. Basic earnings per share were down by 3.2% and profit after tax by8 2.5% but the shareholders are looked after with an increase of 8.2% in the years dividends. At present there is sme uncertainty about the future with the introduction of the Soft Drinks Industry Levy due in April.
Softcat plc SCT has made a good start to the year, with strong customer demand across all segments in the quarter to the 31st October and further profitable growth again delivered.
eve Sleep plc EVE The strong trading momentum seen in the first half has continued into the second half and it is expected that group revenue for the year will have risen by 130%. The UK has been stronger than expected with revenue up by 105% whilst international revenue is up by 180%. The company is on track to reach profitability in the UK in the fourth quarter of 2018 and for the group overall in 2019