logo
Plus   Neg
Share
Email

RPC Group H1 Profit Rises; Sales Up Approx. 2% On Organic Basis

RPC Group PLC (RPC.L) reported profit before tax of 166.2 million pounds for the six months ended 30 September 2017 compared to 72.5 million pounds, prior year. Profit after tax increased to 122.1 million pounds or 29.3 pence per share from 51.0 million pounds or 15.1 pence per share. Adjusted profit before tax increased to 199.2 million pounds from 125.5 million pounds. Adjusted earnings per share was 36.1 pence compared to 28.4 pence.

Sales in the first half of 2017/18 increased by 53% (45% on a constant currency basis) to 1.88 billion pounds from 1.23 billion pounds, last year. Sales were up approximately 2% on an organic basis.

The Board has declared an interim dividend of 7.8 pence per share, an increase of 28% on the previous interim dividend. This will be paid on 26 January 2018 to ordinary shareholders on the register at 29 December 2017.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Walmart is ditching its dress code policy and is testing a new dress code that will allows "associates" to wear blue denim and shirts of any solid color. The updated dress coded guidelines now allow employees to wear blue "jeggings" and blue jeans and shirts of any solid color, according to a Walmart... Canadian investment firm Fairfax Financial Holdings Ltd. has submitted a "stalking horse" bid worth C$300 million, or $237 million, for the Canadian unit of Toys "R" Us, according to court documents. A stalking horse bid is an initial bid on the assets of a bankrupt company. The bankrupt company will choose an entity from a pool of bidders who will make the first bid on its assets. The car rental market in the U.S. is consolidating as large car rental companies are buying smaller, local companies to expand their portfolio of premium and value brands. The key players in the U.S. market include Enterprise Holdings, Hertz Global Holding and Avis Budget Group. Let's take a look at some of the best and worst car rental companies in the U.S.
Follow RTT