Plant Impact PIM fears that 4th quarter revenue could be affected by talks which are taking place with Bayer Cropscience about its minimum required purchase volumes for Veritas in Brazil, third quarter revenue for which rose from £0.5m last year to £2.4m this year. The result of the talks could impact full year results and also adversely affect next years performance. Revenue for the 9 months to the 30th April has risen by 55% over last year or 30% on a constant currency basis.
Care Tech Holdings CTH is increasing its interim dividend by 10% to 3.3p per share for the half year to 31st March after what it claims was an impressive first half performance which saw revenue rise by 11.3%. Profit before tax fell by 37.5% from last years when the figures included a £5.6m profit on the sale of a fixed asset.. On an underlying basis profit before tax was up by 13.9%. Sustained growth in capacity and revenue is expected to enable the company to achieve its target of annual double digit growth in underlying diluted earnings per share.
Filtronic plc FTC nearly tripled sales in the 12 months to 31st May, with a rise from £13.6m. to £35.4m.. It describes 2017 as a year of tremendous progress in which it achieved both profitability and cash generation, last years operating loss of of £6.8m having been transfomed into an operating profit of £1.7m.
Bonmarche Holdings BON admits that it has failed to execute its plans to modernise and improve its offer to customers at the rate it had aimed for. The failure is laid at the door of internal and external factors for which it does not provide an explanation. Todays preliminary results for the 53 weeks to the 1st April. show store like for like sales slumping by 4.3% and group profit before tax down from £9.6m. to £5.8m. Underlying basic earnings per share fell from 18.3p per share to 10.1p. As for the future it claims to have a compelling proposition and a robust plan.