Countryside 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.
Eckoh 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.
Cranswick 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%
Treatt 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%
Easy 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.