F W Thorpe (AIM:TFW) impressive results from another of AIM’s Blue Chips
For the year to 30th June 2015 Group revenue increased 19.9% to £73.5m with operating profit up 16.7% to £13.7m, profit before tax, up 14.7% to £14.4m and earnings per share up 13.5% to 9.90p. There was a delightful comment that “Regrettably investment income again declined reflecting the continued fall in general bank interest rates.” reflecting the fact that this business runs a healthy net cash position.
The final dividend was raised 16% to…
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