Source - RNS
RNS Number : 8588J
Goodwin PLC
14 September 2016
 

 

Goodwin PLC today announces its first quarter Interim Management Statement for the period 1st May 2016 to 31st July 2016.

 

The unaudited consolidated and abbreviated income statement below for the first quarter's trading ending 31st July 2016 shows revenue of £33,010,000 (2015: £33,493,000) and profit before taxation of £3,046,000 (2015: £3,800,000).

 

Sales orders shipped in the first quarter reflect the continued lack of capital project release in the energy industry, oil and gas in particular. The company remains confident its products and technology will in the long term produce growth in profitability but the current workload is similar to that seen last year.

 

No exceptional or material adverse events have impacted on the Group during the relevant period.

 

J. W. GOODWIN

Chairman

 

GOODWIN PLC

 

Consolidated, Abbreviated and Unaudited Income Statement

for the three months ended 31st July 2016

 



Unaudited

3 Months Ended

Unaudited

3 Months Ended

Audited

12 Months Ended



31st July

31st July

30th April



2016

2015

2016



£'000

£'000

£'000






Revenue - Continuing

33,010

33,493

123,539






Operating Profit

3,233

3,898

12,748






Financial Expenses

(253)

(174)

(775)

Share of Profit of Associate Companies

        66  

        76  

341






Profit Before Taxation

3,046

3,800

12,314






Tax on Profit

(614)

(813)

(3,376)






Profit After Taxation

2,432

2,987

8,938






Attributable to:




Equity Holders of the Parent

2,364

2,868

8,838

Non-controlling interest

68

119

100



2,432

2,987

8,938






Earnings Per Ordinary Share:




Basic and Diluted

32.83p

39.83p

122.75p

 

  14th September 2016


This information is provided by RNS
The company news service from the London Stock Exchange
 
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