Overview
· Group revenue of £11.3m (H1 2016: £9.9m)
· Touch revenues increased to £10.0m (H1 2016: £8.3m)
· Gross profit margin improved to 43.1% (H1 2016: 42.3%)
· Profit before tax increased to £2.5m (H1 2016: £1.8m)
· Basic earnings per share (“EPS”) increased by 44% to 13.8p (H1 2016: 9.6p)
· Interim dividend increased by 10% to 3.80p per share (2016: 3.45p)
· Net cash increased by £0.9m to £12.5m (30 September 2016: £11.6m)
Commenting on the results, Chairman, Tudor Davies said:
“The second half of the year has started well and is in line with expectations and on this basis we expect to make further progress in creating value for shareholders.”