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Trading statements

Goodwin Q1 revenues fall

14 September 2016 14:53

Goodwin says its unaudited consolidated and abbreviated income statement for the first quarter's trading ending 31 July shows revenue of £33,010,000 (2015: £33,493,000) and profit before taxation of £3,046,000 (2015: £3,800,000).

Sales orders shipped in the first quarter reflect the continued lack of capital project release in the energy industry, oil and gas in particular. The company remains confident its products and technology will in the long term produce growth in profitability but the current workload is similar to that seen last year.

At 2:53pm: (LON:GDWN) Goodwin PLC share price was -76p at 1980p

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Related Company: GDWN

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