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Annual Results

RM. lifts FY pretax profit

01 February 2016 07:50

RM Plc has booked a FY pretax profit of GBP19.2m, from a year-ago profit of GBP15.8m. Revenue was GBP175.2m, from GBP202.5m. Paid and proposed dividend per share was 5p, from 4p.

CEO David Brooks said 2015 was another good year of progress for RM.

"Both RM Resources and RM Results grew organically and RM Education has been reshaped and is now on a stable platform for the future. The Group's profit margins reaching double digits is a positive milestone," he said.

"Market conditions in the UK Education sector will continue to be subdued as a result of increased pressure on school budgets. Our strategy continues to focus on retaining a leading market position for all three businesses whilst maintaining our stronger operating margins."

Story provided by StockMarketWire.com

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