Cpl Resources publishes annual report & announce AGM
The annual report confirmed the company saw revenue increase 7% to &euro393,648 from &euro369,273 in 2014. Gross profit was &euro58,667, also up 7% from &euro54,672. Operating profit was &euro13,957 down 2% from &euro14,217, while profit before tax was &euro14,082 (2014: &euro14,384). Earnings per share were 40.2 cent (2014: 40.7 cent) and dividend per share was 9.75 cent with no change from 2014.
Group chairman, John Hennessy, said, "The Group's results for the year to 30th Jun 2015 reflect growth across most of the business sectors and locations in which we operate. We have taken the opportunity presented by this growth to invest in strengthening our teams and our systems. Although this investment has reduced our profits for the year we are well positioned to respond to further recovery and growth in our principal markets and sectors."