Goodwin PLC Interim Management Statement (8588J)
14 September 2016 - 2:40PM
UK Regulatory
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RNS Number : 8588J
Goodwin PLC
14 September 2016
Goodwin PLC today announces its first quarter Interim Management
Statement for the period 1(st) May 2016 to 31(st) July 2016.
The unaudited consolidated and abbreviated income statement
below for the first quarter's trading ending 31(st) July 2016 shows
revenue of GBP33,010,000 (2015: GBP33,493,000) and profit before
taxation of GBP3,046,000 (2015: GBP3,800,000).
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 Unaudited Audited
3 Months 3 Months 12 Months
Ended Ended Ended
31st 31st 30th
July July April
2016 2015 2016
GBP'000 GBP'000 GBP'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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September 14, 2016 09:40 ET (13:40 GMT)