Business
Half Year Ended 30 September 2019
Half Year Ended 30 September 2019.
About this update from Carclo Plc
[{"type":"text","content":"\n \nRNS Number : 3865A Carclo plc 21 January 2020 \n\nCarclo plc\nInterim Report and Accounts\nHalf Year Ended 30 September 2019\n \nSummary of Results\n \nCarclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange. The Group is a global provider of value-adding engineered solutions for the medical, optical and aerospace industries.\n \nThe financial highlights for the first half of the financial year to 31 March 2020, being the six months to 30 September 2019 (\"H1 2020\"), are summarised below:\n\n\n\n\n\n\n\n\n\n \nH1 2020\n\n\n \nH1 2019(2)\n\n\n\n\n\n\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\n\n\n\n\n\n\n\n\n\nRevenue from continuing operations\n\n\n\n\n\n56,115\n\n\n49,935\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUnderlying(1) operating profit from continuing operations\n\n\n3,322\n\n\n2,128\n\n\n\n\n\n\n\nUnderlying(1) profit before tax from continuing operations\n\n\n2,087\n\n\n1,263\n\n\n\n\n\n\n\nUnderlying(1) earnings per share from continuing operations\n\n\n2.2p\n\n\n1.2p\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStatutory operating (loss)/profit \n\n\n\n\n\n(4,169)\n\n\n4,273\n\n\n\n\n\n\n\nStatutory (loss)/profit before tax\n\n\n\n\n\n(5,554)\n\n\n3,352\n\n\n\n\n\n\n\nBasic (loss)/earnings per share\n\n\n\n\n\n(8.3p)\n\n\n3.5p\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNet debt excluding IFRS16 lease liabilities\n\n\n\n\n\n26,758\n\n\n35,919\n\n\n\n\n\n\n\nNet debt including IFRS16 lease liabilities\n\n\n\n\n\n31,689\n\n\nn/a\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIAS 19 retirement benefit liability \n\n\n\n\n\n51,349\n\n\n29,463\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\nRevenue from continuing operations\n\n\n\n\n\n\n\n\n\n\nTechnical Plastics\n\n\n52,440\n\n\n46,814\n\n\n\n\nAerospace\n\n\n3,675\n\n\n3,121\n\n\n\n\nTotal\n\n\n56,115\n\n\n49,935\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUnderlying operating profit from continuing operations\n\n\n\n\n\n\n\nTechnical Plastics\n\n\n4,642\n\n\n3,209\n\n\n\n\nAerospace\n\n\n718\n\n\n606\n\n\n\n\nUnallocated\n\n\n(2,038)\n\n\n(1,687)\n\n\n\n\nTotal \n\n\n3,322\n\n\n2,128\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUnderlying EBITDA from...