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Porvair Plc H1 Adj. Profit Rises; Revenue Up 18%

Porvair plc (PRV.L) reported that its first half adjusted operating profit improved 14% to 10.4 million pounds. Adjusted earnings per share was 16.6 pence for the six months ended 31 May 2022 compared to 14.8 pence, last year.

Profit before tax increased to 9.5 million pounds from 8.8 million pounds, last year. Earnings per share was 16.1 pence compared to 16.4 pence.

First-half revenue increased 18% to 82.3 million pounds from last year, or was up 16% on a constant currency basis.

The Board has declared an interim dividend of 1.9 pence per share.

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