Make your money go further for just 25p per day

ACM Shipping Group (AIM:ACMG) – future looks more promising and the dividend rewards patience

26/11/2013 · ACM Shipping (ACMG) 

The international shipbroker announced interim results for the half year ended 30 September 2013 in line with estimates. In the short term the dividend has supported this one, however, the growth engine could be returning to earnings

Revenue of US$19.6m was flat in US$ terms (H1 2012:US$19.4m and increased 4.1% to £12.7m (H1 2012: £12.2 million) in £Sterling

Profit before amortisation, impairment and taxation was flat at £1.6m (H1 2012: £1.6m) with adjusted earnings per share of 6.5 pence (H1 2012: 6.3 pence) and the interim dividend was 3.15 p per share
Operating profit of £1.5m resulted in a net operating cash inflow of £681k boosting period end cash to £4.7m…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on ACM Shipping

Coronavirus impact: 20 May - Boohoo founders spot an opportunity

20/05/2020 · Company Insights

The Covid-19 induced lockdown continues to be great news for the video gaming industry with the…


ACM Shipping Group (AIM:ACMG) – future looks more promising and the dividend rewards patience

26/11/2013 · Company Insights
The international shipbroker announced interim results for the half year ended 30 September 2013 in line…

More Company Insights

Elderly challenges | Demotion | Australian boost

21/11/2024 · Churchill China · CVS Group · Renold · Tracsis

Bonkers Bargains: poised to recover with a new CEO

20/11/2024 · James Cropper

Improving returns | Questionable business models

Sign-up to our free email updates

SIGN UP