FW Thorpe PLC - Worcestershire-based lighting systems firm - Posts revenue of GBP81.9 million for the six months ended on December 31, up 29% from GBP63.5 million a year before. Says the increase in revenue is due to improvement at almost all group companies.Pretax profit is GBP10.6 million, up 25% from GBP8.5 million, as basic earnings per share rises by 21% to 7.15 pence per share from 5.91p a year earlier. Operating profit rises to GBP11.0 million from GBP8.8 million. Declares an interim dividend of 1.62 pence each, up 5.4% from 1.54p a year prior. Looking ahead, FW Thorpe expects a positive outlook for the second half of the year.
Current stock price: 376.79 pence each, up 3.2% on Thursday around midday in London
12-mont change: down 13%
By Xindi Wei, Alliance News reporter
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Thorpe (TFW)