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Countryside Props. Profit Up 40% After Swingeing Price Rises

Image result for countryside properties logoCountryside Props. CSP  produced strong growth in the year to the end of September which is not surprising with completions up 20% on top of which it managed to impose a swingeing 21% rise in average private selling prices, to £465.000. Adjusted operating profit rose by 40%. Current trading is robust with sales rates and values both above year end levels. The private year end order book is at record levels after a rise of 64%. A final dividend of 3.4% is proposed.

Image result for eckoh plc logoEckoh ECK Revenue during the 6 months to 30th September rose by 57% and gross profit by 25% despite being impacted by a £0.6m loss incurred by a discontinued division of  Eckoh’s US subsidiary, PSS Inc. US operations now account for 30% of group revenue after rising from £31,000 to £4.0 million. The second half year is expected to be strong.

Image result for cranswick plc logoCranswick CWK is raising its interim dividend by 12.9% after  rises of 38.4% in statutory profit before tax and 30.8% in statutory earnings per share. for the half year to end September. Results were helped by a strong contribution from Crown Chicken which was acquired in April and also by strong performances in key export markets, with Far East revenues rising by 83%

Image result for treatt plc logoTreatt plc TET claims a strong performance in the year to the end of September and is increasing its total dividend by 8% to 4.35p, after an 11% rise in adjusted profit before tax. Basic earnings per share were up by 8% but revenue showed only a modest rise of 2%

 

Image result for easy hotels logoEasy Hotels EZH 2015/16 was a transformational year which saw a rise of 38.4% in profit before tax and 40% in basic earnings per share. Total revenue was up by 8.7%. 1527 rooms are now in developments and 576 new rooms will be added by early 2018 with the opening of 5 new hotels.

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