AUTOLOGIC
HOLDINGS PLC
(“AUTOLOGIC” OR “THE GROUP”)
19 September 2006
Interim Results for the Six Months to 30 June 2006
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Financial and Operational Highlights
- Revenue from continuing operations increased by 8.8% to £135.5 million
- Operating profit in line with expectations
- GAL option agreement entered into and €10 million (£6.9 million) received in July 2006
- Sale of Walon France completed
- £1.2 million of Group costs eliminated on an annualised basis
- Business performance earnings per share up by 6.0%
- Outstanding Mezzanine debt reduced from £25 million to £17 million in September 2006
- Transfer to AIM completed in September 2006
| £ millions | 6 months to 30 June 2006 |
6 months to 30 June 2005 |
% Change |
| Continuing operations | |||
| Revenue | £135.5m | £124.5m | 8.8% |
Business Performance* |
|||
| Operating profit | £6.3m | £6.8m | (7.4)% |
| Profit before tax | £4.5m | £5.0m | (10.0)% |
| Earnings per share | 7.1p | 6.7p | 6.0% |
Statutory Basis |
|||
| Operating profit (from continuing operations) | £4.2m | £7.7m | (45.5)% |
| Profit before tax (from continuing operations) | £2.4m | £5.9m | (59.3)% |
| Basic loss per share (including discontinued operations) | (2.3)p | (15.9)p | 85.5% |
| Interim dividend per share (declared) | nil | 3.60p | - |
| * - before exceptional items and excluding other operating income. | |||
For further information please contact:
| AutoLogic: John Merry, Chief Executive Russell Brown, Group Finance Director |
Tel: 01934 523 299 | |
Investors: Neville Harris IRFocus |
Tel: 020 7593 4000 | |
Media: Nicholas Potter College Hill |
Tel: 020 7457 2020 |
Click here to download the full release (PDF format - 86Kb)