Business
Half Yearly Report
Half Yearly Report.
About this update from Andrews Sykes Group Plc
[{"type":"text","content":"\n \nRNS Number : 6263A Andrews Sykes Group PLC 30 September 2015 \n\nAndrews Sykes Group plc\n \nInterim financial statements 2015\n \n \nSummary of results\nfor the six months ended 30 June 2015\n \n\n\n\n\n \n\n\n(Unaudited)\n\n\n\n\n \n\n\n6 months ended\n 30 June 2015\n\n\n6 months ended\n 30 June 2014\n\n\n\n\n \n\n\n£'000\n\n\n£'000\n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nRevenue from continuing operations\n\n\n28,240\n\n\n26,759\n\n\n\n\nEBITDA* from continuing operations\n\n\n7,293\n\n\n6,495\n\n\n\n\nOperating profit\n\n\n4,973\n\n\n4,349\n\n\n\n\nProfit for the financial period\n\n\n3,732\n\n\n3,206\n\n\n\n\nBasic earnings per share (pence)\n\n\n8.83p\n\n\n7.59p\n\n\n\n\nInterim dividends declared per equity share (pence)\n\n\n11.90p\n\n\n11.90p\n\n\n\n\nPrior year final dividend declared per equity share (pence)\n\n\n11.90p\n\n\n11.90p\n\n\n\n\nNet funds\n\n\n13,505\n\n\n15,291\n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\n \n \n* Earnings Before Interest, Taxation, Depreciation, profit on the sale of property, plant and equipment, Amortisation and non-recurring items.\n \n \n \nFor further information please contact:\n \n\n\n\n\nAndrews Sykes Group plc\nPaul Wood, Group Managing Director\nAndrew Phillips, Chief Financial Officer\n\n\n \n+44 (0) 1902 328700\n \n\n\n\n\n\n\n\n\n\n\n\n\nAltium (Nominated adviser) \nPaul Lines\nAdam Sivner\n\n\n+44 (0) 845 505 4343\n\n\n\n\n\n\n\n\n\n\n\n\nArden Partners plc (Broker)\nSteve Douglas\n\n\n+44 (0) 20 7614 5920\n\n\n\n\n \n \n \n \n \n \nChairman's Statement\n \nOverview\nThe group produced a successful result for the first half of 2015, the winter months created some good opportunities for our heating and boiler hire products and this was further enhanced by continued stability within the construction sector. Overall, the group's revenue for the six months ended 30 June 2015 was £28.2 million, an increase of £1.5 million compared with the same period last year. As a consequence operating profit increased by £0.7 million from ...