REG - Goodwin PLC - Interim Management Statement <Origin Href="QuoteRef">GDWN.L</Origin>

GoodwinAnnouncement

14/09/2016 14:45

RNS Number : 8588J
Goodwin PLC
14 September 2016
Goodwin PLC today announces its first quarter Interim Management Statement for the period 1st May 2016 to 31st July 2016.
The unaudited consolidated and abbreviated income statement below for the first quarter's trading ending 31st July 2016 shows revenue of 33,010,000 (2015: 33,493,000) and profit before taxation of 3,046,000 (2015: 3,800,000).
Sales orders shipped in the first quarter reflect the continued lack of capital project release in the energy industry, oil and gas in particular. The company remains confident its products and technology will in the long term produce growth in profitability but the current workload is similar to that seen last year.
No exceptional or material adverse events have impacted on the Group during the relevant period.
J. W. GOODWIN
Chairman
GOODWIN PLC
Consolidated, Abbreviated and Unaudited Income Statement
for the three months ended 31st July 2016


Unaudited
3 Months Ended
Unaudited
3 Months Ended
Audited
12 Months Ended


31st July
31st July
30th April


2016
2015
2016


'000
'000
'000





Revenue - Continuing
33,010
33,493
123,539





Operating Profit 
3,233
3,898
12,748





Financial Expenses
(253)
(174)
(775)
Share of Profit of Associate Companies
 66 
 76 
341





Profit Before Taxation
3,046 
3,800 
12,314





Tax on Profit
(614)
(813)
(3,376)





Profit After Taxation
2,432
2,987
8,938





Attributable to:



Equity Holders of the Parent
2,364
2,868
8,838
Non-controlling interest
68
119
100


2,432
2,987
8,938





Earnings Per Ordinary Share:



Basic and Diluted
32.83p
39.83p
122.75p
 14th September 2016

This information is provided by RNS
The company news service from the London Stock Exchange
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