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Interim Results

600 Group's H1 pretax profit almost halved

02 December 2015 07:40

600 Group has almost halved its H1 pretax profit to GBP1.61m, from GBP3.16m, with revenue rising to GBP23.35m, from GBP21.05m.

Chairman Paul Dupee said:

"Although both of our Divisions are going through a number of changes, which should deliver longer term benefits, they have still been able to deliver reasonable financial results for the six month period ended 26 September 2015.

"The Board is optimistic that the process which has begun to leverage our industry recognized brands such as Colchester, Harrison, Clausing, TYKMA and Electrox through an increased worldwide distribution network will accelerate revenue growth further and that the actions being taken to reduce overheads and become more efficient will yield better margins on increasing sales in the future."

Story provided by StockMarketWire.com

Related Company: SIXH

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