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Darby Group RESULTS FOR FIRST 10 MONTHS

The UK“s largest independent producer of flat and curved tempered safety glass Darby Group Plc., has announced its preliminary results for the 10 month trading period to 31 December 1995.
The annual…

The UK“s largest independent producer of flat and curved tempered safety glass Darby Group Plc., has announced its preliminary results for the 10 month trading period to 31 December 1995. The annualised turnover was up by 14% on the previous year at UK 15.6 million. Profit before taxation for the first ten months increased to UK 955,000 (a 37% annualised increase). Earnings per share were up by 17% to 5.33p from 4.55p in 1994. A final dividend of 1.1p per share was recommended, making a total of 2.0p per share (up from 1.9p per share in 1994). Commenting on the preliminary results, Michael Darby, chairman, stated “the pace of trading progress during the latter part of 1995 looks set to accelerate further in 1996. The underlying quality and mix of our business remain good, and we are confident that the trading strategy now firmly in place will ensure significantly improved trading results both in the current year and beyond.”

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