Interim Results 2006
UCM Group PLC
Interim Results for the Six Months Ended 30 June 2006
UCM, the leading provider of speciality fused minerals, today announces its
interim results for the six months ended 30 June 2006.
Financial Highlights
£ Millions Six Months Six Month
Ended Ended
30 June 2006 30 June 2005
Revenue 19.60 17.48
Profit before tax 1.35 1.16
Earnings per share 3.8p 3.3p
Interim dividend 1.0p* 2.0p
Key Highlights
- Pre-tax profits up by 16% on a sales increase of 12%
- Increase in sales of standard zirconia products
- Magnesia division returned to profitability
- Outline planning sought for residential development at the Stafford site
- Resumption of dividend payments
- Positive outlook for second half
John Gordon, Chairman, commented; “We have experienced an improvement in
our performance during the first half and I am delighted to report that we expect the
Group to perform well and remain profitable in the traditionally quieter second
half to December.”
*The interim dividend of 1.0p (net) per ordinary share will be paid on 26 October
2006 to shareholders on the register at 29th September 2006.
