Date: Tuesday 03 Dec 2013
LONDON (ShareCast) - - Profit jumps by a fifth
- Order book rises 12 per cent over the year
- Dividend up by 21.1 per cent
AIM-listed optical components and systems manufacturer Gooch and Housego said annual pre-tax profit increased by nearly a fifth and, with a strong pipeline of new products, believes it is well-positioned to deliver sustained growth.
The Somerset-based industrial laser specialist said adjusted pre-tax profit jumped 18.3% for the year ended September 30th to £9.7m, despite increased spending on research and development plus challenging market conditions.
Revenue rose 3.9% to 63.3m while margins improved from 13.5% to 15.3%. Basic earnings per share increased 13.5% to 27.7p.
Chief Executive Officer Gareth Jones said: "Trading conditions during the year were broadly positive, albeit set against a background of some uncertainty affecting most of the sectors in which Gooch & Housego operates.
"With a strong pipeline of new products the company is well-positioned to deliver sustained growth and continued margin improvement."
The order book ended the year at £27.8m, an increase of 12% from the beginning of the year.
A total dividend of 6.3p per share has been offered, up 21.2% from the same time last year.
CJ
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Currency | UK Pounds |
Share Price | 560.00p |
Change Today | -2.00p |
% Change | -0.36 % |
52 Week High | 670.00 |
52 Week Low | 450.00 |
Volume | 41,000 |
Shares Issued | 25.79m |
Market Cap | £144.40m |
RiskGrade | 209 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 2 |
Buy | 0 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 2 |
Latest | Previous | |
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Final | Interim | |
Ex-Div | 18-Jan-24 | 22-Jun-23 |
Paid | 23-Feb-24 | 28-Jul-23 |
Amount | 8.20p | 4.80p |
Time | Volume / Share Price |
16:35 | 7,313 @ 560.00p |
16:35 | 1 @ 560.00p |
16:35 | 148 @ 560.00p |
16:35 | 391 @ 560.00p |
16:35 | 959 @ 560.00p |
Chair | Gary Bullard |
CFO | Chris Jewell |
CEO | Charlie Peppiatt |
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