17th Sep 2018 09:55
LONDON (Alliance News) - Christie Group PLC said Monday its interim profit more than doubled on the back of higher revenue after a good performance from international operations.
Shares in the business service and stock & inventory service provider were trading up 5.6% at 138.30 pence each on Monday morning.
For the six months to June 30, Christie Group posted pretax profit of GBP1.8 million from GBP765,000 a year ago, as revenue increased 10% to GBP38.4 million driven by "enhanced performance" from the company's international business.
The company has proposed an increase to its interim dividend by 25% to 1.25p per share.
Chief Executive & Chairman David Rugg said: "Looking at the second half we anticipate a more balanced year than 2017. With an increased pipeline of both current and ongoing projects we intend to deliver a solid set of results for the year."
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