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Group revenue up 16% in H1 2016 for RTC Group

RTC Group Plc has announced its interim results for the six months ended 30th June 2016.

Group revenue from continuing operations is £34.1m (2015: £29.5m) up 16%.

Group profit from operations (before amortisation of intangibles) is £0.6m (2015: £0.5m).

Cash inflow from operations is £1m (2015: £0.8m outflow). Basic earnings per share are 2.83p (2015: 2.47p)

The directors propose an interim dividend of 1.1p per share (2015: 1.0p). The Company has a progressive dividend policy. Subject to approval of the Directors, the interim dividend will be paid on the 30 November 2016 to shareholders on the register on 4 November 2016.

Commenting on the results, Bill Douie, chairman, said, "I am pleased to be able to present another successful half year for the Group.

“During the second half of the year we expect Ganymede to perform in a consistent manner to the first half and whilst unsettled political and economic conditions may impact on certain sectors of the recruitment industry, we remain optimistic of the long-term opportunities in the infrastructure sectors we support."  

Picture courtesy of Pixabay

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