Financial highlights:
Significant profit growth despite delayed approval of the EU budget holding back international revenues as anticipated
Revenue of £62.6m (H1 2014: £63.2m)
Adjusted profit before tax up 13% to £2.2m (H1 2014: £1.9m)
Profit before tax of £2.1m (H1 2014: loss of £0.4m)
Adjusted earnings per share of 3.3p (H1 2014: 2.9p)
Interim dividend up 67% at 0.5p per Ordinary Share (2014: 0.3p)
Unrestricted cash as at 30 September 2015 of £2.6m (H1 2014: £6.6m) after £2.5m of acquisition related costs
New £25m five year committed facility with HSBC
Order book increased by 18% to £123.4m at 30 September 2015 (31 March 2015: £105.0m) of which:
UK - up 15% to £60.9m (31 March 2015: £53.0m)
International - up 20% to £62.5m (31 March 2015: £52.0m)
New management incentives approved at the AGM - 12.2m options awarded under the TIP have been surrendered, equivalent to 17.9% of the current issued share capital
