13 Aug 2014 07:00
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Embargoed: 07.00a.m. 13 August 2014
Mountview Estates P.L.C.
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Mountview Estates P.L.C.
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Interim Management Statement - 13 August 2014
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Mountview Estates P.L.C. ("the Group"), which holds its AGM at 11.30a.m. today, publishes its Interim Management Statement covering the period from the beginning of the Group's financial year, 1 April 2014 to date.
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Results for the first three months show earnings per share up by almost 60% compared with the corresponding period last year. Turnover is up by over 25% and finance costs are down. We have made a strong start to the Group's financial year.
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Purchases have not been easy to find, but the management team continue to look at all potential acquisition opportunities in the core business and having re-financed our banking facilities, we are well-funded. Gearing remains modest.
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There have been no significant changes to the Group's financial position since the publication of its Report and Accounts for the year ended 31 March 2014.
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The Group's interim results, for the six months ending 30 September 2014, will be announced on 27 November 2014.
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