Source - SMW
CPL Resources reported pre-tax profit rose 11% to €9m, while earnings per share increased 15% to 26.4 cent for the fiscal first half of 2018. 

The Group said profit before tax was €9.0m for the six months to 31 December 2017, an 11% increase on the same period last year.   

Revenues rose 12% to €256.7m in the reported period, while gross profit increased by 12% against the same period last year to €40.5m.

The Group's conversion rate of gross profit to operating profit (excluding non-cash foreign currency translations and LTIP charges) was 23.1% in the period.

The Group said it delivered a 15% increase in earnings per share to 26.4 cent in the reported period, returning €25m of surplus cash to its shareholders by way of a fixed price tender offer.  


At 10:04am: (LON:CPS) CPL Resources PLC share price was -5p at 530p