- Leak detection equipment supplier Water Intelligence said it grew its annual profit by 58% amid a rise in sales.

Pre-tax profit for the year through December rose to $1.8m, as revenue jumped 44% to $25.3m.

'We have delivered another strong year growing all business units and exceeding market expectations,' executive chairman Patrick DeSouza said

'We remain ambitious reinvesting in technology to provide solutions to both clean and waste water problems.'

'Water and infrastructure solutions are needed globally no matter what the background macroeconomic or political conditions.'

At 2:34pm: [LON:WATR] Water Intelligence PLC share price was +12p at 330p

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