| |
Half year ended |
|
Year ended |
| £000 |
31 March 1996 |
|
31 March 1995 |
|
30 September 1995 |
| |
|
|
|
|
|
| Turnover |
45,162 |
|
33,596 |
|
80,691 |
| Cost of sales |
(35,174) |
|
(25,239) |
|
(60,725) |
| Gross profit |
9,988 |
|
8,357 |
|
19,966 |
| |
|
|
|
|
|
| Operating expenses |
|
|
|
|
|
| - Selling & distribution |
(4,729) |
|
(3,897) |
|
(8,424) |
| - Research & development |
(1,830) |
|
(1,567) |
|
(2,757) |
| - Administration |
(2,340) |
|
(2,099) |
|
(4,199) |
| |
(8,899) |
|
(7,563) |
|
(15,380) |
| |
|
|
|
|
|
| Operating profit |
1,089 |
|
794 |
|
4,586 |
| |
|
|
|
|
|
| Net interest receivable |
233 |
|
247 |
|
437 |
| |
|
|
|
|
|
| Profit on ordinary activities before taxation |
1,322 |
|
1,041 |
|
5,023 |
| |
|
|
|
|
|
| Tax on profit on ordinary activities |
(436) |
|
(340) |
|
(1,658) |
| |
|
|
|
|
|
| Profit for the period |
886 |
|
701 |
|
3,365 |
| |
|
|
|
|
|
| Dividends paid and proposed |
(320) |
|
(253) |
|
(1,038) |
| |
|
|
|
|
|
| Retained profit |
566 |
|
448 |
|
2,327 |
| |
|
|
|
|
|