| CATEGORY: AIM BULLETIN SECTOR: ELECTRONIC & ELECTRICAL EQUIPMENT |
Divi held at Holders despite loss |
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Wed 10 Feb 2010
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LONDON (SHARECAST) - Holders Technology, which provides materials and services to the electronics industry, moved back into profit in the second half of its financial year but still posted a loss over the year as a whole.
Loss before tax in the year to 30 November was £0.23m before exceptional charges compared to a profit of £0.51m the year before. Revenue from continuing operations slipped to £12.97m from £17.48m.
The board has proposed a second interim dividend of 3.25p in lieu of a final dividend, payable on 31 March to beat the introduction of tax increases for higher rate tax payers. The total dividend for the year is unchanged at 5.35p.
‘It is still early to comment on the current year but to date we have seen some recovery particularly as compared to the exceptionally difficult comparable months of the preceding year,’ said chairman and chief executive Rudi Weinreich.
‘The current year will enjoy the full benefit of the restructuring savings and we hope to see gains from the measures we have taken both to extend our specialist product ranges and more competitively to source certain of our commodity product offerings,’ Weinreich added.
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