The Heavitree Brewery has reported a 10.78% increase in operating profit for the six months ended 30 April to £698,000 from £630,000 for the same period in 2016.
After allowing for finance costs of £140,000 (2016: £124,000), which include a £41,000 interest cost in respect of the IAS 19 calculation applied to the final salary Pension Scheme (2016: £28,000), the Group Profit before taxation is £558,000 (2016: £505,000). This shows a 10.49% increase on the previous year.
The Company intends to pay an interim dividend of 3.675p per Ordinary Share and 'A' Limited voting Ordinary Share (2016: 3.675p). The dividend will be paid on 4 August 2017 to shareholders on the Register at the close of business on 21 July 2017.
At 2:13pm: (LON:HVT) Heavitree Brewery PLC share price was +32.5p at 425p