Coral Products (AIM:CRU) - Interims show significant improvement
Interim Results
Coral Products (AIM: CRU) issued its Interim results for the six months to 31 October 2015 this morning (2nd December). Whilst sales were down 8.9% to £8.26 million, pre-tax profit was up 136% to £684,000. The Group is proposing to pay an interim dividend of 0.3 pence which is 50% higher than last year’s interim payment. Coral’s share are up 20% today at 24 pence valuing the Group at approximately £15 million.
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