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Redhall - New segmental reporting

July 2009

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • RHL
  • Price:
  • 196p
For the six months to 31 March, Redhall has recorded a pretax profit up 63% to £3.1m on sales up 56% to £64.8m. These results include a five month contribution from Chieftain, which was bought in October and excluding acquisitions organic sales growth was 16%. Earnings were up 25% to 7.9p. Net cash at the period end stood at £5.1m. Last year, Redhall's presentation of its results changed when the former manufacturing business was re-classified into the nuclear business and Redhall reported on a two divisional basis; nuclear services and engineering services. These interims change the presentation once again with Redhall now reporting under three revised segments of energy, defence and process services. The first two were the ma ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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