Amcomri Group plc (AMCO.L), an engineering and industrial manufacturer, on Tuesday reported improved pre-tax profit backed by 17% improved revenue. The result was helped by the benefits of the EMC Elite Engineering Services acquisition in March.
In spite of the improved results and positive outlook, on the London Stock Exchange, the shares were trading 3.38% lower at 100 pence.
Profit before tax for the first half improved to 2.06 million pounds from 1.85 million pounds a year ago.
Profit for the period attributable to owners of the parent increased 1.53 million pounds from 1.34 million pounds in the prior year.
Adjusted earnings on a share basis also improved to 2.37 pence from 2.11 pence a year ago.
Profit attributable to continuing activities increased to 1.52 million pounds from 1.35 million pounds in the last year.
Basic earnings per share rose to 2.13 pence from 1.87 pence in the last year.
Adjusted EBITDA climbed 15% to 4.3 million pounds from 3.8 million pounds in the last year.
Revenue rose 17% to 31.79 million pounds from 27.27 million pounds a year ago.
Revenue for the Embedded Engineering Division jumped 14% to 14.5 million pounds from 12.7 million pounds a year ago.
Revenue for the B2B Manufacturing Division improved 19% to 17.3 million pounds from 14.5 million pounds in the last year.
Looking ahead, Hugh Whitcomb, CEO, said, "We continue to have good visibility over Group performance in H2 2025 and remain confident about the 2025 full year performance and our prospects into 2026."
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