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| Year ended | ||
| £000 | 30 Sept 1998 |
30 Sept 1997 |
| Turnover | 130,996 | 110,170 |
| Cost of sales | (94,970) | (80,862) |
| Gross Profit | 36,026 | 29,308 |
| Operating expenses | ||
| - Selling & distribution | (14,677) | (11,893) |
| - Research & development | (5,431) | (4,473) |
| - Administration | (6,396) | (5,688) |
| (26,504) | (22,054) | |
| Operating Profit | 9,522 | 7,254 |
| Net interest receivable | 515 | 764 |
| Profit on Ordinary Activities Before Taxation | 10,037 | 8,018 |
| Tax on profit on ordinary activities | (2,814) | (2,420) |
| Profit on Ordinary Activities After Taxation | 7,223 | 5,598 |
| Dividends paid and proposed | (2,124) | (1,707) |
| Retained Profit | 5,099 | 3,891 |
| Earnings per ordinary share | ||
| - Basic | 8.0p | 6.3p |
A printed copy of this Annual Report and Accounts will be sent directly to shareholders after the posting date. Copies may be obtained after the posting date from the registered office of the Company at:
New Mill House, 183 Milton Park
Abingdon, Oxfordshire, OX14 4SE
Chairman's Statement | Review of Operations | Profit & Loss | Balance Sheet | Cash Flow | Notes
© RM plc 1998
