18 Mar 2011 12:31
Goodwin PLC today announces its third quarter Interim Management Statement for the period 1st November 2010 to 31st January 2011.
The consolidated, abbreviated and unaudited income statement below for the nine months' trading ending 31st January 2011 shows revenue of £66,150,342 and profit before tax of £8,200,000.
The results as yet have not obtained the benefit of the increased order input achieved this year mainly due to a number of contracts in our engineering companies being delayed from shipping. It is hoped that these delays should be resolved by the financial year end.
The above mentioned delays in shipments continue to keep control of cash flow high on our priority list as work in progress has increased by 26% compared with this time last year.
J. W. Goodwin
Chairman
18th March 2011
Goodwin PLC
Consolidated, Abbreviated and Unaudited Income Statement
for the nine months ended 31st January 2011
|
| Unaudited 9 Months Ended |
| 12 Months Ended |
|
| 31st January |
| 30th April |
|
| 2011 |
| 2010 |
|
| £'000 |
| £'000 |
|
|
|
|
|
Revenue - continuing |
| 65,811 |
| 93,928 |
|
|
|
|
|
Operating Profit before Financial Expenses |
| 8,684 |
|
14,044 |
|
|
|
|
|
Financial Expenses |
| (745) |
| (959) |
Share of Profit of Associates |
| 261 |
| 226 |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
| 8,200 |
| 13,311 |
Tax Expense |
| (2,257) |
| (3,980) |
|
|
|
|
|
Profit for the Period |
| 5,943 |
| 9,331 |
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
|
Equity Holders of the Parent |
| 5,468 |
| 8,507 |
Minority Interest |
| 475 |
| 824 |
|
| 5,943 |
| 9,331 |
|
|
|
|
|
|
|
|
|
|
Earnings Per Ordinary Share: |
| 75.94p |
| 118.15p |
Basic and Diluted |
|
|
|
|
|
|
|
|
|
Goodwin (GDWN)