Amino’s trading update for the first half of 2014/15 contains a number of positive messages. The period saw growth in both turnover and PBT, with strong momentum in both core geographies and new markets. Cash generation was solid, with a £2.3m improvement in the underlying cash position over H1 2013/14. Management anticipates that FY2014/15 results will be in line with market expectations, and has maintained the existing progressive dividend policy with the pre-announcement of a 10% increase in the interim dividend.
04 Jun 2015
Positive trading update
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Positive trading update
Aferian plc (AFRN:LON) | 7.4 0 0.0% | Mkt Cap: 8.20m
- Published:
04 Jun 2015 -
Author:
Blaine Tatum -
Pages:
3
Amino’s trading update for the first half of 2014/15 contains a number of positive messages. The period saw growth in both turnover and PBT, with strong momentum in both core geographies and new markets. Cash generation was solid, with a £2.3m improvement in the underlying cash position over H1 2013/14. Management anticipates that FY2014/15 results will be in line with market expectations, and has maintained the existing progressive dividend policy with the pre-announcement of a 10% increase in the interim dividend.