2017-18
Interim results presentation 2017/18 - February 2018
Highlights
- Record order book at £302m, up £54m on June 2017
- Strong order intake at £238m, up £57m on HY 2016/17
- Revenue up 9% to £183m and underlying PBT up 8% to £16.3m on HY 2016/17
- Net debt reduced from £38m at June 2017 to £32m (after £6m acquisition of Control Point)
- A good mix of orders in terms of geography, sector and size with increased orders in hybrid/EV activity at 24% of total Group order intake, up from 17% for FY 2016/17
- Acquisition of Control Point completed in the period and performing well
- Outlook remains positive with a good pipeline