Andrews Sykes (GB:ASY) has released an update.
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Andrews Sykes Group PLC reported a slight decrease in half-year revenue for 2024, down £0.5 million to £38.4 million, impacted by the closure of its loss-making French operation and subdued trading conditions in Europe. Operating profit remained stable at £9.7 million, while profit after tax saw a marginal decline from £7.5 million in 2023 to £7.1 million. Despite these challenges, the company maintains a strong cash position, declaring an interim dividend of 11.90 pence per share.
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