Triad Group TRD claims another strong set of results as half year profit before tax more than triples to 668 million, following on last years successful results. Revenue for the six months to the 30th September rose by16.4%, leading to profit after tax rising from 0.22m to 0.69m and basic earnings per share up from 1.42p to 4.57p. The order book continues to be strong. No dividend is to be paid at the interim stage. Since March the share price has risen from 21p to yesterdays 52p
Pennon Group PNN results for the half year to the 30th September are written only for those who have had the privilege of being initiated into the secrets of water speak. Thus, the company has “delivered 80 million of Totex savings since the beginning of K6” . Should one respond to that with an “excellent” or a “could do better”. Returning to English, revenue for the six months fell by 0.5% out of which they managed to screw a rise of 19.9% in profit before tax and an underlying rise in profit after tax of 14.7%. The interim dividend is increased by 6% pursuant to the company’s sector leading dividend policy of increasing dividends by by an annual 4% above RPI inflation to 2020.
Gresham House GHS turned last years first half loss of 0.5 million into a profit before tax of 3.2m for the six months to the end of September. About 15p per share is now available for return to shareholders, pursuant to the company’s policy of returning half of net profit on realised investment gains