10th Sep 2014 09:57
Goodwin PLC today announces its first quarter Interim Management Statement for the period 1st May to 31st July 2014.
The unaudited consolidated and abbreviated profit and loss statement below for the first quarter's trading ending 31st July 2014 shows revenue of £39,696,000 (2013: £37,607,000) and profit before tax of £7,186,000 (2013 £6,349,000).
The first quarter results reflect the greater level of activity within the Group associated with the increased work load, as was reported on in the year end report. During the period the Group has continued to work towards gaining long term supply agreements which will utilise Goodwin International's new machining capacity.
No exceptional or material adverse events have impacted on the Group during the relevant period.
J. W. GOODWIN
Chairman
GOODWIN PLC
Consolidated, Abbreviated and Unaudited Income Statement
for the three months ended 31st July 2014
Unaudited 3 Months Ended | Unaudited 3 Months Ended | 12 Months Ended | ||
31st July | 31st July | 30th April | ||
2014 | 2013 | 2014 | ||
£'000 | £'000 | £'000 | ||
Revenue - continuing | 39,696 | 37,607 | 130,828 | |
Operating Profit before Financial Expenses | 7,256 | 6,499 | 24,541 | |
Financial Expenses | (178) | (223) | (760) | |
Share of Profit of Associate Companies | 108 | 73 | 314 | |
Profit before Tax | 7,186 | 6,349 | 24,095 | |
Tax Expense | (1,516) | (1,418) | (4,448) | |
Profit for the Period | 5,670 | 4,931 | 19,647 | |
Attributable to: | ||||
Equity Holders of the Parent | 5,452 | 4,770 | 19,035 | |
Minority Interest | 218 | 161 | 612 | |
5,670 | 4,931 | 19,647 | ||
Earnings Per Ordinary Share: | ||||
Basic and Diluted | 75.72p | 66.25p | 264.38p | |
10th September 2014
END
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