LONDON (ShareCast) - (ShareCast News) - Attractions designer Paragon Entertainment plunged 15% on Thursday despite positive first-half results with losses falling sharply.
The company managed to narrow its pre-tax profits to £30,000 for the six months ended 30 June 2015 from £214,000 same time last year.

Meanwhile, revenues rose 20% to £4.5m, but cash balance turned negative to -£127,000 from a positive balance of £636,000 in the first half of 2014.

The rise in revenues was helped by the completion of projects such as the Maya Exhibition at Liverpool Museum, Heineken Experience, Amsterdam, and the new World War exhibition at Dover Castle.

It also announced it has reached an agreement with HMRC to settle a "historical" tax liability to pay £0.398m in cash.



Breedon Aggregates posted a 92% rise in first-half pre-tax profit amid growing revenue, as the company said it looks set to beat market expectations for the full year.

Pre-tax profit for the six months to 30 June came in at £17.5m from £9.1m the previous year, on revenue of £160.5m, up 28% from £125.2m.

Underlying basic earnings per share came in at 1.29p from 0.73p, while net debt fell to £58.3m from £63m.

The company said it had enjoyed a strong trading performance, with 4.5m tonnes of aggregates sold versus 3.6m in the same period in 2014, 0.9m tonnes of asphalt sold compared with 0.7m and 0.4m cubic metres of ready-mixed concrete versus 0.3m.

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