Plexus Holdings plc (AIM:POS) – tough market but decent results and much to look forward to
Sales increased 7% to £13.51m, profit after tax rose 28% to £1.97m and there was a 25% increase in basic earnings per share to 2.32p.
The period saw a strong financial performance for the Group’s POS-GRIP friction-grip rental wellhead equipment as a result of a combination of new and on-going contracts with a range of major international oil and gas operators particularly for High Pressure/High Temperature (‘HP/HT’) applications.
There was a significant increase in…
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