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Melrose H1 Pretax Profit Decreases; Revenue Up 9% - Quick Facts

Melrose PLC announced its interim results for the six month period to 30 June 2012. Profit before tax was 46.3 million pounds compared to 58.9 million pounds last year. The company said pre-tax profit decreased due to exceptional costs, primarily acquisition and refinancing related.

Revenue for the period increased 9% to 564.6 million pounds from 516.6 million pounds last year. Headline profit per share was 8.2 pence.

The company's board has declared an interim dividend of 2.6 pence per share. The dividend will be paid on 19 October 2012 to shareholders on the register at close of business on 21 September 2012.

by RTTNews Staff Writer

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