StockMarketWire.com - Colefax (CFX) said sales were broadly unchanged at £76.88m (2015: £76.8m).

The company posted pre-tax profit of £5.02m (2015: £5.03m).

HIGHLIGHTS:

- Earnings per share of 32.2p (2015: 32.2p)

- Strong operating cash flow of £7.2m (2015: £8.74m)

- £0.3m of cash returned to shareholders via share buybacks (2015: £1.6m)

- Net cash increased to £10.09m (2015: £6.86m)

- Proposed increased final dividend of 2.4p per share, taking total for the year to 4.6p, a rise of 5% (2015: 4.4p)

- Fabric division - sales flat but reduced by 3% on a constant currency basis

- Prospects being affected by uncertainty over Brexit and the forthcoming US election




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