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Goodwin H1 Profit Climbs On Revenue Growth; Sees Similar Results In H2

Goodwin PLC (GDWN.L), a provider of mechanical and refractory engineering solutions, reported Tuesday that its first-half profit before tax grew to 16.7 million pounds from last year's 12.1 million pounds.

Earnings per share improved to 150.91 pence from prior year's 115.66 pence.

Trading pre-tax profit was 17.1 million pounds, a growth of 52.7 percent from last year's 11.2 million pounds.

Revenue of 106.4 million pounds for the six months grew 9 percent from the 97.6 million pounds achieved for the same six month period last year.

Further, the company said its Directors do not propose the payment of an interim dividend.

Looking ahead, Goodwin said a similar level of activity for the Group is expected for the second half of the year ending April 30, 2025.

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by RTTNews Staff Writer

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