StockMarketWire.com - Restore has reported a FY pretax profit of GBP6.1m, unchanged from the prior same period. Revenue, however, had risen to GBP91.9m, much improved from GBP67.5m. Dividend per share was 3.2p, from 2.4p.

"Looking ahead, our near-term focus will be on delivering the cost and capacity synergies from the Wincanton acquisition, continuing to improve the performance of our Shred and Scan businesses, and ensuring that our newer activities, in particular IT recycling and printer cartridge recycling, benefit in full from the cross-selling opportunities that arise from the breadth of the Group's customer base," said CEO Charles Skinner in a statement.

"We will continue to pursue our strategy of organic and acquisitive growth. The current year has started satisfactorily and we look forward to delivering another year of strong progress in 2016."

Separately, Restore said it had contracted to sell Restore Document Management Ireland Ltd to Offsite Archive Storage and Integrated Services (Ireland) Ltd for 36m euros (GBP27.8m) cash. Restore Ireland holds the Irish assets of Wincanton Records Management, whose acquisition Restore completed in December 2015 for GBP57.3m.






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