Business
2009 Final Results
2009 Final Results.
About this update from Sutton Harbour Group Plc
[{"type":"text","content":"\n RNS Number : 1649T Sutton Harbour Holdings PLC 02 June 2009 \n \n\n\nFor Immediate Release 2 June 2009\n\n\n SUTTON HARBOUR HOLDINGS PLC\n Preliminary Results for the year ended 31 March 2009\nProgress in a challenging year\n\n\nSutton Harbour Holdings plc ('Sutton Harbour'), the AIM listed regeneration, infrastructure and transport specialist, announces preliminary results for the year ended 31 March 2009.\n\n\nFinancial highlights\n\n\n\nRevenues for the year of £29.3 million (2008: £29.2 million).\n\n\nLoss before tax and fair value adjustments on investment property of £0.7 million (2008: £2.6 million profit).\n\n\nPre-tax loss for the year of £3.5 million after fair value adjustments on investment property (fair value deficit of £2.8 million); (2008: £5.5 million profit including fair value surplus of £2.8 million).\n\n\nProposed final dividend of 1.0 pence per share (2008: 1.5 pence) making total for year of 1.9 pence per share (2008: 2.4 pence).\n\n\nGearing at year end of 58.2% (2008: 45.7%).\n\n\nNet assets at year-end of £35.4 million (2008: £39....