Young and Co's Brewery 24/05/2012
Pub giant Young and Co’s Brewery (YNGA) delivered a pre-tax profit of 17% amid restructuring, shedding assets and acquisitions.
Optos
HOLDMedical retinal imaging specialist Optos (OPTS) says full-year revenues should beat market expectations with a 33 per cent rise to $142m (£89m).
The AIM-quoted company, which turned a $3.8m loss into $12.7m pre-tax profits in the year to September 2010, more than doubled pre-tax profits to $3.9m in the six months to March on revenues. Optos yesterday unveiled its 'next generation' desk-top imaging device, Daytona, to the American Academy of Optometry in Boston and expects product sales to start in the first quarter of next year.
Chief executive Roy Davis declares the company is 'tremendously excited by the opportunities this product, together with our expanded product range, brings to the business.' Highlighted by Growth Company Investor in June at 171p, Optos shares now stand at 187p, down 3p this morning.
Hold on for now.
Market cap: £133.3m
PE Forecast: 11.0
Share price: 187p
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