Results Round-up
Shares in PHSC fell after the company warned in its full year result it would be hard to replace several lucrative one off projects.
FTSE AIM All-Share
744.51
15:45 19/04/24
PHSC
22.25p
14:00 19/04/24
Software & Computer Services
2,331.68
15:44 19/04/24
StatPro Group
228.00p
13:09 31/10/19
Support Services
10,450.02
15:45 19/04/24
Health and hygiene manger PHSC’s stock fell by 3.77% to 29.35p at 0957 BST.
The company reported full-year profit before tax down to £349k from £494k.
Group revenues were up by 2% to £7.731m compared with £7.594m, which the company said was boosted by it diversifying its offering.
PHSC’s earnings per share were down to 2.75p from 4.24p, and the company proposed a final dividend of 1.5p.
The company said reduced government funding of enforcement authorities reduced spend on the compliance services it provides.
In a statement, PHSC said it was coming to the end of contracts with B to B and Adamson’s Laboratory Services.
StatPro reported a drop in first-half profit and revenue on the back of continued product and cloud technology investment, in line with its expectations.
Pre-tax profit fell 24% to £0.82m from £1.08m, while revenue nudged down to £15.44m from £15.71m as the company increased expenditure as part of its transition to becoming a cloud-based services provider.
StatPro, which provides portfolio analysis and asset pricing services for the asset management industry, declared an interim dividend of 0.85p per share, unchanged from the first half of last year.