H1FY16 headline PBT of £4.9m vs H1FY15’s £(3.1)m (restated) is better than expected, reflecting, in our view, the positive combination of (1) CAM’s diversity of customers, regions, products and services as a real competitive strength; and (2) management actions to address the performance of lossmaking businesses. H1FY16 dividend of 35p (vs 34p) is declared. We continue to view CAM as an attractive group of businesses which should reward the patient investor over the me

25 Aug 2016
Strong H1FY16 reflects better underlying Agriculture trading than expected

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Strong H1FY16 reflects better underlying Agriculture trading than expected
Camellia Plc (CAM:LON) | 5,750 1437.5 0.4% | Mkt Cap: 145.3m
- Published:
25 Aug 2016 -
Author:
Peter Smedley -
Pages:
3 -
H1FY16 headline PBT of £4.9m vs H1FY15’s £(3.1)m (restated) is better than expected, reflecting, in our view, the positive combination of (1) CAM’s diversity of customers, regions, products and services as a real competitive strength; and (2) management actions to address the performance of lossmaking businesses. H1FY16 dividend of 35p (vs 34p) is declared. We continue to view CAM as an attractive group of businesses which should reward the patient investor over the me