Plus   Neg

Grainger Plc H1 Pretax Profit Rises - Quick Facts

Grainger plc (GRI.L) reported that its first-half profit before tax increased 23% to 50.6 million pounds from 41.2 million pounds, prior year. Earnings per share from continuing operations was 10.0 pence compared to 8.1 pence. Adjusted earnings rose by 20% to 40.9 million pounds from 34.1 million pounds. Adjusted earnings per share was 7.9 pence compared to 6.6 pence, prior year.

First-half Group revenue increased to 135.3 million pounds from 117.2 million pounds, a year ago. Net rental income increased 9% to 21.8 million pounds from 20.0 million pounds.

The Group's interim dividend has increased by 9% to 1.74 pence per share.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Zynga Inc. (ZNGA), a social game developer, Tuesday said it has inked a multi-year deal with Disney to develop and publish a new "Star Wars" mobile game. Shares of Zynga is currently up nearly 8 percent, following the news. As a part of the agreement, Zynga will also assume operation of the live service... Furniture maker La-Z-Boy Inc. (LZB), Tuesday reported a profit and revenues for the first quarter that trounced Wall Street estimates, sending its shares surgtin about 20 percent in after-hours trade. Monroe, Michigan-based La-Z-Boy's first-quarter profit rose to $18.3 million or $0.39 per share from... Shares of Keysight Technologies Inc. (KEYS) are up 12 percent on extended session on Tuesday after the company's earnings and revenues for the third quarter trumped Wall Street expectations and outlook for the current quarter also exceeded estimates. Santa Rosa, California-based Keysight Technologies...
Follow RTT