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23-Mar 2007
Interim Results for the six months ended 31 January 2007
GSH Group plc, the international provider of bespoke facilities management and energy management solutions, announces interim results for the six months ended 31 January 2007.
Financial Highlights:
Turnover increased 11% to £70.2 million (2006: £63.0 million)
Profit before tax up 59% to £3.5 million (2006: £2.2 million)
Operating margin increased by 1.5 percentage points to 5.0% (2006: 3.5%)
Basic earnings per share were 11.8 pence, an increase of 62% (2006: 7.3 pence)
Cash reserves at the end of the period of £5.4 million (2006: £2.9 million)
The board has approved an interim dividend of 2.6 pence per share (2006: 2.2 pence)
Operational Highlights:
Strong order book at period end of £521 million (2006: £430 million)
A further £53 million of contract wins since period end
Bob Gilbert, Chairman of GSH said: "These results reflect another record performance and continue to demonstrate our ability to deliver profitable growth in both turnover and operating margin. We look forward to the future with confidence and further good progress in the second half of the year."
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