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Interim Results

e2v technologies revenues up

02 November 2015 07:47

e2v technologies' revenues rose to £109.5m in the six months to the end of September - up from £102.3m a year ago.

Pre-tax prfoits increased to £13.8m from £13.0m but adjusted operating profits fell to £15.7m from £17.5m and adjusted pr-tax profits were down at £15.1m from £17.1m.

The interim dividend of 1.6p per share is up from 1.5p last time.

Group chief executive Steve Blair said: "We achieved revenue growth in the first half, consistent with our full year expectations in what were challenging markets.

"Our focus for the second half is building, in Professional Imaging, Semiconductors and RF defence, on our satisfactory opening order book and delivering our technically challenging customer programmes in Space. We will continue to focus on our customers, innovation and operating with excellence.

"Whilst we remain cautious about the broader economic environment, and assuming no deterioration in market conditions, our outlook for the current financial year remains unchanged."

Story provided by StockMarketWire.com

Related Company: E2V

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