M Winkworth 2017 interim results
· Revenues down 7.6% to £2.54m (2016: £2.75m)
· Profit before taxation down 25.2% to £0.54m (2016: £0.72m)
· Cash generated from operations £0.77m (2016: £0.44m)
· Cash balance as at 30 June 2017 £3.00m (2016: £2.84m)
· Rental income increased to 45% of total revenues
· Seven new franchisees signed
· Dividends of 3.6p declared and paid during the period (2016: 3.5p)
