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Hartest Holdings

  • BY: Andrew Hore |
  • POSTED: 13/12/2007 |

Instrumentation supplier Hartest managed to maintain its underlying operating profit despite a dip in first half turnover. 

Turnover fell from £10.7m to £9.8m in the six months to September 2007 due to delays in NHS orders for the medical division. The underlying operating profit slipped from £179,000 to £175,000. However, high interest charges meant that pre-tax profits dipped from £121,000 to £85,000. An unchanged dividend of 0.67p a share was declared. Net debt was £490,000.

Trading is second-half weighted. The shares fell 0.5p to 60p.

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