Elektron Plc, the Essex based technology company which specialises in designing and distributing a wide range of engineering components and instrumentation, announced impressive interim results for the six months ended 31 July 2010. Sales were up 45% to £20.6 million (H1 2009: £14.2m). Pre-exceptional EBIT increased to £2.6m (H1 2009: £0.23m). A maiden interim dividend of 0.25p was announced, which equates to just over 10% of the EPS for the period.

Elektron recently increased their holding in Hartest Holdings PLC, a group supplying instrumentation and medical equipment, to 95.9% of the company. As a result of the acquisition the Group is expected to significantly increase its annual turnover with an expanded range of businesses.

EKT shares have appreciated by 237% over the last year.

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