Interim Management Statement

RNS Number : 2931R

Goodwin PLC

10 September 2014

 



Goodwin PLC today announces its first quarter Interim Management Statement for the period 1st May to 31st July 2014.

The unaudited consolidated and abbreviated profit and loss statement below for the first quarter's trading ending 31st July 2014 shows revenue of £39,696,000 (2013: £37,607,000) and profit before tax of £7,186,000 (2013 £6,349,000).

The first quarter results reflect the greater level of activity within the Group associated with the increased work load, as was reported on in the year end report. During the period the Group has continued to work towards gaining long term supply agreements which will utilise Goodwin International's new machining capacity.

No exceptional or material adverse events have impacted on the Group during the relevant period.

J. W. GOODWIN

Chairman

GOODWIN PLC

Consolidated, Abbreviated and Unaudited Income Statement

for the three months ended 31st July 2014

		Unaudited 3 Months Ended	Unaudited 3 Months Ended	12 Months Ended
		31st July	31st July	30th April
		2014	2013	2014
		£'000	£'000	£'000
Revenue - continuing		39,696	37,607	130,828
Operating Profit before Financial Expenses		7,256	6,499	24,541
Financial Expenses		(178)	(223)	(760)
Share of Profit of Associate Companies		108	73	314
Profit before Tax		7,186	6,349	24,095
Tax Expense		(1,516)	(1,418)	(4,448)
Profit for the Period		5,670	4,931	19,647
Attributable to:
Equity Holders of the Parent		5,452	4,770	19,035
Minority Interest		218	161	612
		5,670	4,931	19,647
Earnings Per Ordinary Share:
Basic and Diluted		75.72p	66.25p	264.38p

10th September 2014

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