News blog

Best of the Best

  • BY: Andrew Hore |
  • POSTED: 12/07/2010 |
  • COMMENTS: Add yours

Best of the Best reported lower revenues and profits in the year to April 2010 due to the Icelandic ash cloud at the end of the period.

The company, which organises competitions to win luxury cars that it displays in airport terminals, generated revenues of £7.3m, against £7.46m last year. The main decline was in April as air travel was hit by ash clouds for a seven day period. The profit dipped from £519,000 to £480,000. House broker Charles Stanley had been expecting a profit of £600,000 earlier this year.

Cash generation was strong with the cash pile rising from £1.99m to £2.29m at the end of April 2010. However, this is still lower than the £2.41m in the bank at the end of October 2009. The dividend was increased by 9% to 1.2p a share.

At 30p a share, up 4p, Best of the Best is valued at £3.82m. That is just below the NAV of £4.28m.

© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

Sanderson Group

Enterprise software provider Sanderson Group is continuing to benefit from growth in multi-channel retailing.

Continue reading... | 21/05/2012

Resources In Insurance Group

Claims management services provider Resources In Insurance Group has slashed its loss in 2011.

Continue reading... | 17/05/2012

atUK

e-commerce services provider @UK has gained a four year national e-commerce framework agreement for all UK public bodies.

Continue reading... | 17/05/2012

Hydrogen Group

Recruitment firm Hydrogen Group says that net fee income for the first four months of 2012 was higher than the same period last year.

Continue reading... | 17/05/2012

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds