Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Zytronic H1 Pretax Profit Decreases - Quick Facts

5/21/2013 3:06 AM ET

Zytronic plc (ZYT.L) reported profit before taxation of 0.8 million pounds for the six months ended 31 March 2013, compared to 2.1 million pounds last year. Profit after taxation from continuing operations decreased to 0.6 million pounds or 4.0 pence per share from 1.6 million pounds or 10.9 pence per share last year.

Revenues decreased by 20% to 8.5 million pounds from 10.6 million pounds prior year. Operating profit decreased by 64% during the period.

The company said the decline in revenues has been due to the absence of some one-off orders for ATM display products as well as de-stocking on the Coca Cola Freestyle project and other business which together had accounted for approximately 2 milllion pounds of revenues in the comparable prior period.

The Directors of Zytronic have declared a dividend of 2.75 pence per share at 6% above the prior year, payable on 26 July 2013 to shareholders on the register on 12 July 2013.

Click here to receive FREE breaking news email alerts for Zytronic plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves. U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.