Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

 Information  X 
Enter a valid email address

Weeks Group PLC (~156)

  Print      Mail a friend

Monday 11 December, 2000

Weeks Group PLC

Interim Results

Weeks Group PLC
11 December 2000


The Group has made good progress through the first 6 months of our financial
year. Turnover has increased to £8,601,000 (1999: £7,887,000) and overall our
profit margins have improved leading to pre tax profits 32% ahead of last year
at £628,000 (1999: £476,000)

Earnings per share have increased by 32% to 0.29p (1999: 0.22p) and the
dividend is correspondingly increased by 31% to 0.068p (1999: 0.052p). The
interim dividend will be paid on 26 January 2001 to shareholders on the
register on 8 January 2001 and is covered over 4 times by earnings.
Shareholders funds have continued to increase steadily and now stand at £
5,837,000 (1999: £5,301,000).

Many exciting opportunities exist for the continuing development of both the
Consulting and Laboratory businesses. Increasing environmental concerns are
leading to additional legislation, which will provide further demand for our
services. The weather is providing additional work to the Group due to ground
failures as well as increasing survey requirements as property owners and
funders become more sensitive to the implications of extensive flood damage.
The acceleration of expenditure on railways and roads is welcomed and should
enhance the Group's revenues by adding to our existing important workload in
these areas of activity.

In addition to building our existing business the Group has benefited from the
acquisition of Taurus Design Ltd in May 2000 which was referred to briefly in
the annual report. This acquisition has integrated well with our existing
services and has provided opportunities for the Group to develop a further
range of services with our clients in the house building sector.

The Group is looking forward to a period of continuing growth as we expand the
scope of our services and develop the long-term relationships we enjoy with
many of our clients by providing innovative and practical solutions to their

Dr. A G Weeks


11 December 2000

Consolidated Profit and Loss Account

                                               6 months to  6 months to  Year to
                                              30 September 30 September 31 March
                                                      2000         1999     2000
                                               (Unaudited) (Unaudited) (Audited)
                                                     £'000       £'000    £'000
- Continuing operations                              7,993       7,887   15,343
- Acquisitions                                         608           -        -
                                                     8,601       7,887   15,343
Operating Profit
- Continuing operations                                564         515      678
- Acquisitions                                          79           -        -
                                                       643         515      678
Net interest payable                                  (15)        (39)     (65)
Profit on ordinary activities before                   628         476      613
Tax on profit on ordinary activities      (2)        (194)       (159)    (185)
Profit for the period                                  434         317      428
Dividends                                            (106)        (76)    (194)
Retained profit for the period                         328         241      234

Earnings per share
Basic                                     (3)        0.29p       0.22p    0.30p
Diluted                                   (3)        0.28p       0.21p    0.29p
Dividends per share                                 0.068p      0.052p    0.13p

There is no difference between the profit on ordinary activities before
taxation and the retained profit for the period stated above, and their
historical cost equivalents.

Statement of Total Recognised Gains and Losses

                                               6 months to 6 months to  Year to 
                                                        30          30       31 
                                                 September   September    March 
                                                      2000        1999     2000 
                                               (Unaudited) (Unaudited) (Audited)
                                                     £'000       £'000    £'000
Profit for the period                                  434         317      428
Currency translation differences on                      -           -        -

currency net investment
Total gains and losses in the period                   434         317      428

Consolidated Balance Sheet
                                                6 months to 6 months to Year to 
                                                         30         30       31
                                                  September  September    March
                                                       2000       1999     2000
                                                      £'000      £'000    £'000
Fixed assets
Intangible assets                                     1,141        830      808
Tangible assets                                       2,548      2,393    2,431
Investments                                               3          -        3
                                                      3,692      3,223    3,242

Current assets
Stocks                                                  842      1,119      785
Debtors                                               4,580      4,322    3,876
Cash at bank and in hand                                258        262      267
                                                      5,680      5,703    4,928

Creditors: amounts falling due within one year      (3,455)    (3,545)  (2,829)

Net current assets                                    2,225      2,158    2,099

Total assets less current liabilities                 5,917      5,381    5,341

Creditors: amounts falling due after more than         (71)       (75)     (43)
one year
Provisions for liabilities and charges                  (9)        (5)      (7)
Net assets                                            5,837      5,301    5,291

Capital and reserves
Called up share capital                                 768        729      734
Share premium account                                 1,497      1,311    1,313
Profit and loss account                               3,572      3,261    3,244
Equity shareholders' funds                            5,837      5,301    5,291

                        NOTES TO THE INTERIM STATEMENT


        (1)     The interim financial information has been prepared on the
        basis of accounting policies set out in the Report and Accounts for
        the period ended 31 March 2000.

        (2)     The taxation charge for the six months ended 30 September 2000
        has been calculated on the basis of the estimated tax rate for the
        twelve months ending 31 March 2001.

        (3)     The basic earnings per share has been calculated by dividing
        the earnings attributable to ordinary shareholders by the weighted
        average number of ordinary shares in issue during the period.

             For diluted earnings per share, the average number of ordinary
        shares have been adjusted to assume conversion of all dilutive
        potential ordinary shares. The Company has only one category of
        dilutive potential ordinary shares; those share options granted to
        employees where the exercise price is less than the average market
        price of the Company's ordinary shares during the period. The weighted
        average number of shares used in the calculations are:

                            6 months to 30         6 months to 30    Year to 31
                                                   September 1999         March
                                      2000                                 2000
                                   Million                Million       Million
Basic EPS
Weighted average number of           151.0                  143.3         144.7

Effect of dilutive
Options                                2.9                    4.9           4.1

Diluted EPS
Adjusted number of shares            153.9                  148.2         148.8

        (4)     These statements do not constitute statutory financial
        statements within the meaning of Section 240 of the Companies Act
        1985. The comparative figures for the year ended 31 March 2000 are an
        abridged statement of the full financial statements for that period
        which have been delivered to the Registrar of Companies and on which
        the auditors made an unqualified report. No financial statements will
        be filed for the six months ended 30 September 2000.

        (5)     A copy of this statement will be sent to all shareholders on
        11 December 2000 and is available from the Company's registered
        office, The Oasts, Newnham Court, Bearsted Road, Maidstone, Kent ME14
        5LH for a period of 14 days.