StockMarketWire.com - Careful cost control and efficiency savings lifted Andrews Sykes Group's normalised operating profit despite a fall in revenues.

The group's revenue for the six months to the end of June fell by 4.1% to £27.6m but normalised operating profit increased by £0.2m, or 3.1%, to £6.8m.

Pre-tax profits rose to £7.1m from £6.5m last time.

The group had net funds of £2.8m at the end of June compared with a net debt position of £12.1m a year ago.






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