LONDON (dpa-AFX) - Bodycote plc (BOY.L) Thursday reported a higher first-half profit attributable to Equity holders of the parent of 32.5 million pounds, compared to 29.6 million pounds last year. Earnings per share were 17.2 pence, up from 15.9 pence a year ago.
Profit before tax for the half-year increased to 43.8 million pounds from 40.3 million pounds a year ago. Excluding amortization of intangible assets, headline profit before tax improved to 45.7 million pounds from 40.8 million pounds.
Revenues for the six-months were 301.3 million pounds, compared to 288.2 million pounds in the prior-year. Sales in the aerospace and defense market climbed 12.4 percent.
Looking forward into the second half, growth in aerospace and energy together with new technologies, is expected to counteract the effect of slowing economies.
The Board declared an interim dividend of 4.0 pence, which represents an increase of 11.1% over the prior year. The interim dividend will be paid on 7 November 2012 to all shareholders on the register at the close of business on 5 October 2012.
Copyright RTT News/dpa-AFX