StockMarketWire.com - Industrial engineering company The 600 Group posted a rise in first-half profit on the back of higher sales.

Pre-tax profit for the six months through 28 September rose to $1.50m, up from $0.85m on-year.

Revenue rose 13% to $35.7m, while underlying pre-tax profit rose 28% to $1.7m.

The company held its interim dividend steady at 0.25p per share.

'This period has seen further progress in our strategy to build a global industrial business,' executive chairman Paul Dupee.

'The de-risking of the group, both operationally and financially, has created a platform from which we are now beginning to leverage the strength of the group's brands'

Dupee said the company had made headway despite cmacro-economic and political uncertainties across its end markets.

'Although these may still create some short term disruption, the board believes in the long term fundamentals of our businesses and the strategy they are now enacting and is optimistic for the long- term future,' he said.

At 9:30am: [LON:SIXH] 600 Group The PLC share price was 0p at 17.9p



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