LONDON (ShareCast) - Dewhurst said its first half of the year was better than compared with the year before, but a weak UK market dragged down its revenues.
The electrical equipments group saw its revenues drop slightly to £22.8m from £23m as the General Election affected its UK sales during the second quarter.

UK sales were also hurt by weaker performance in its lift and transport divisions.

On the bright side, pre-tax profits increased 4% to £2.2m thanks to a strong performance overseas, especially in the US, Asia and Australia.

The group also declared a dividend of 3p to be paid in August, an increase of 7% from last year.



Computer vision products group OMG saw its full-year losses widen but remains confident with its performance for the year ahead after selling its US image software business.

The company sold 2d3, a motion imagery software company based in California, for £16.8m during the period, which will reduce volatility of its revenue and profit steams, and improve earnings in the future.

However, revenues declined 7% to £13.3m and pre-tax losses widened 37% to £2.9m over the period, which ended 31 March 2015. Losses per shares also rose to 1.73p from 1.36p.

The results were hurt by delays of its Vicon deal, which was delivered during the second half, instead of the first, as previously expected.

As a result, Vicon's revenues declined 6% to £7.7m despite securing a number of deals.

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