Andrews Sykes (GB:ASY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Andrews Sykes Group PLC reported a slight decrease in half-year revenue for 2024, down £0.5 million to £38.4 million, impacted by the closure of its loss-making French operation and subdued trading conditions in Europe. Operating profit remained stable at £9.7 million, while profit after tax saw a marginal decline from £7.5 million in 2023 to £7.1 million. Despite these challenges, the company maintains a strong cash position, declaring an interim dividend of 11.90 pence per share.
For further insights into GB:ASY stock, check out TipRanks’ Stock Analysis page.
