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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

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