Premier Farnell plc (PFL.L) Thursday reported a slightly higher profit for the fourth quarter. Adjusted earnings per share however, came in below the prior-year amount.
For the period, profit before taxation was 21.5 million pounds, up from 20.3 million pounds a year ago.
Profit attributable to owners of the parent for the quarter was 14.7 million pounds, up from 14.5 million pounds a year earlier.
On a per share basis, earnings increased to 4 pence, from 3.9 pence a year back. On an adjusted basis, however earnings per share fell to 3.6 pence from 4 pence reported a year back.
Revenue from continuing operations for the three months was 239.3 million, up from 233.4 million reported a year back.
The company further recommended a final dividend of 6 pence per share, payable on June 26 to shareholders on record as of May 31.
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