StockMarketWire.com - Creightons saw profits jump as its decision to outsource production and finished goods warehousing bolstered revenues.

For the year ended 31 March, Pre-tax profits increased 78% to £2.9m and revenues grow 26.4% to £44m.

Operating profit increased by 77.4% to £2.9m from £1.635m a year earlier.

The upbeat results were attributed to past decisions to outsource production and its finished goods warehousing.

The company vowed to 'continue to invest to enhance production and operational capability to enable the Group to sustain profitable operations and to continue to seize new profitable opportunities.'

The company proposed final dividend 0.40p per ordinary share, up from 0.23p last year.








At 10:25am: [LON:CRL] Creightons PLC share price was +2.5p at 37.5p



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