Brief: Adams Plc HY Profit After Tax Of £517,000 Vs. Loss Of £51,000 Last Year
Nov 27 (Reuters) - Adams PLC ADAA.L :
* ADAMS PLC - DELIVERED HY PROFIT AFTER TAX OF £517,000
COMPARED
TO A LOSS OF £51,000 LAST YEAR
* ADAMS PLC - HY INCREASE IN PROFITABILITY IS PRINCIPALLY
DUE TO
INVESTMENT RETURNS BEING HIGHER
* ADAMS - WEAK EQUITY MARKETS IN DECEMBER QUARTER TO DATE
ADVERSELY IMPACTED VALUE OF INVESTMENT HOLDINGS & REVERSED SOME
GAINS REPORTED IN HY
Source text for Eikon: ID:nRSa5334Ia
Further company coverage: ADAA.L
((Reuters.Briefs@thomsonreuters.com;))