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Annual Results

600 Group boosts FY pretax profit

04 July 2017 07:37

600 Group has boosted its FY pretax profit to £3.23m, up from £1.01m, with revenues at £47.03m, up from £45.27m.

"Trading in the period since the FY17 financial year end has been in line with the Board's expectations and order books in both divisions are much improved," said executive chair Paul Dupee.

"Overall orders now stand 42% up on the same time last year which provides greater visibility of future trading.

"We are continuing to leverage our industry recognised brands through an increased worldwide distribution network and introducing new products to widen the customer base.

"Whilst industry forecasts of growth for both divisions remain at low levels for the coming year, we believe the investment in new products and new markets will lead to increased market share and position the Group's businesses well for any increase in market activity."

Story provided by StockMarketWire.com

Related Company: SIXH

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