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Grainger PLC Reports Pretax Profit In Fiscal Year

7th Nov 2013 07:49

LONDON (Alliance News) - Grainger PLC (GRI.L) reported pretax profit of 64.3 million pounds for the year ended 30 September 2013, compared to a loss of 1.7 million pounds, last year. Profit for the year attributable to the owners of the company was 53.6 million pounds or 12.8 pence per share, compared to 0.4 million pounds or 0.1 pence per share, a year ago.

Group revenue declined year-over-year to 283.2 million pounds, from 311.4 million pounds.

The directors of Grainger PLC have recommended a final dividend of 1.46 pence per ordinary share. The total dividend for the year will therefore be 2.04 pence per ordinary share, an increase of 6.25%, following the interim dividend of 0.58 pence per ordinary share.

Copyright RTT News/dpa-AFX


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