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Goodwin Reports Jump In First Quarter Revenue, Pretax Profit

10th Sep 2013 08:11

LONDON (Alliance News) - Engineering company Goodwin PLC Tuesday said its profits and revenues jumped in the first quarter as it handled more work and took more orders.

In a trading statement, the company said it made a pretax profit of GBP6.3 million in the three months to end-July compared with GBP3.8 million a year earlier, while revenues rose to GBP37.6 million, from GBP30.4 million. Its net profit was GBP4.8 million, up from GBP2.7 million.

It said it hadn't been hit by any exceptional or materially adverse events in the quarter.

It didn't provide any other information in the statement.

The shares jumped 11.5% to 3,300 pence after the announcement.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


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Goodwin
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