Interims showed good progress with the strategy to grow recurring revenues and profits with Marine, Real Estate and Car Parking all recording higher operating profits. Regeneration remained busy with development projects but made a small loss, similar to H1 last year, reflecting the absence of any disposal profits, leaving Group operating profits up 17.6% to £0.8m. After finance costs, this left the adjusted PBT up 56% at £0.25m. In addition, there was a fair value gain on investm
01 Dec 2015
Interims – Growing recurring revenues
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Interims – Growing recurring revenues
Sutton Harbour Group Plc (SUH:LON) | 10.5 0 0.0% | Mkt Cap: 15.0m
- Published:
01 Dec 2015 -
Author:
Chris Thomas -
Pages:
3
Interims showed good progress with the strategy to grow recurring revenues and profits with Marine, Real Estate and Car Parking all recording higher operating profits. Regeneration remained busy with development projects but made a small loss, similar to H1 last year, reflecting the absence of any disposal profits, leaving Group operating profits up 17.6% to £0.8m. After finance costs, this left the adjusted PBT up 56% at £0.25m. In addition, there was a fair value gain on investm