Business
Interim Results 2009
Interim Results 2009.
About this update from Roebuck Food Group Plc
[{"type":"text","content":"\n RNS Number : 5179Y Norish PLC 04 September 2009 \n\nNorish plc\nInterim Results\n\n4 September 2009\n\nResults\n\nNorish plc announces an increase of 39% in pre-tax profits to £256,000 for the six months ended 30 June 2009. This compares with pre-tax profits of £184,000 for the same period last year. Turnover from continuing operations increased by 5% to £4,939,000. Earnings per share increased to 2.0p compared to 1.4p for the same period last year.\n\nThe majority of our coldstores performed better than in the equivalent period last year. The only real exception is our store at Wrexham where management are concentrating on trying to improve business volumes.\n\nOur ambient site at York has performed very well in the period to the end of June and the contribution from the site has significantly improved over the same period in 2008.\n\n\nDividend\n\nThe board recommends the payment of an interim dividend of 1.25 cent per share. This will be paid on the 26th October 2009 to those shareholders on the register on the 25th September 2009. No Interim dividend was paid last year.\n\n\nOutlook\n\nDespite continuing pressure on margin, we are satisfied with our performance in the first half of the year and would be hopeful that this positive trend will continue for the remainder of the year. \n\nFinancial Strength\n\nShareholders funds at 30 June 2009 were £6,471,000 compared with £6,390,000 at 31 December 2008. Net debt at 30 June 2009 was £7,895,000, compared with a net debt of £8,048,000 at 31 December 2008.\n\n\n\nTed O'Neill\nChairman\n\n\n04 September 2009\n \n\n\n\n\nNorish plc\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nConsolidated income statement \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor the six months ended 30 June 2009\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\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSix months\n\n\nSix months\n\n\nYear\n\n\n\n\n\n\n\n\n\n\nended\n\n\nended\n\n\nended\n\n\n\n\n\n\n\n\n\n\n30 June \n\n\n30 June \n\n\n31 December \n\n\n\n\n\n\n\n\n\n\n2009\n\n\n2008\n\n\n2008\n\n\n\n\n\n\n\n\n\n\n(Unaudited)\n\n\n(Unaudited)\n\n\n(Audited)\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\n\n\n£'000\n\...