11/06/1999
Steady progress is being made at the controls and fixtures company. Results for the twenty-six week period ended 28 March show turnover climbing 4% from £9.22m to £9.56m, with the pre-tax line jumping 25% from £647,000 to £850,000. Improvements in efficiency and better sales of its higher value-added components were countered to a certain extent by the strong pound hitting export sales and keen pricing pressure. An increased interim dividend of 1.15p (1998 - 1.05p) was declared.
| Market cap: | £3.73m |
| Share price: | 65p |
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