Randall & Quilter RQIH has produced a significantly stronger first half year performance this year than it did in 2015. Last years first half loss of £4.5m has been transformed into a profit of £1.2m for the current half year to the 30th June and last years loss per share of of 4.7p has become a positive 1.5p per share. The company says that the outlook is now very promising and strong trading is expected for the remainder of the year.
Dechra Pharmaceuticals DPH enjoyed strong growth both in its existing operations and in the three acquisitions which it made in the year to 30th June. Revenue from existing operations rose by 11% led by North America with a rise of 37.9% and consolidate revenue which includes acquisitions was up by 21.7%. The final dividend is to be increased by 9% to 18.46p.
Koovs plc KOOV continued to produce further strong growth during the 17 weeks to 31st July, with sales growth of 115%, registered users up by 201% and weekly website traffic by 142%.
Plus 500 Ltd. PLUS produced record revenue and profits for the half year to the end of June and is raising its interim dividend by 10%. revenue rose by 25%, net profit by 10% and earnings per share by 11%. The second half has started with further strong growth which is expected to contnue for the rest of the year
Wizz Air Holdings WIZZ The continuing boom in the demand for budget air fares saw Wizz Airs passenger numbers rise by 16.6% in August, almost exactly in line with a capacity increase of 17%. On a rolling 12 months basis capacity rose by 18.3% and passenger numbers by 19.8%.Competition in budget fares is not as fierce as it was as at least one of the former budget big boys makes it clear to its passengers that it is quite happy to charge more than the established schedule airlines, when it can get away with it, especially in the peak summer traffic season.