TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from FW Thorpe Plc ( (GB:TFW) ).
FW Thorpe Plc reported steady financial performance for the six months ending December 31, 2024, with a 1.4% increase in revenue to £83.8 million and a 4.6% rise in profit before tax to £11.2 million. The company saw growth in its UK operations, particularly Thorlux and Zemper, while Dutch operations faced challenges. The board approved a 3.5% increase in interim dividends, reflecting confidence in future profitability despite rising costs. Investments in new machinery and electric vehicles aim to enhance efficiency and reduce environmental impact, while the company maintains a strong order book and balance sheet.
More about FW Thorpe Plc
FW Thorpe Plc is a group of companies specializing in the design, manufacture, and supply of professional lighting systems. The company focuses on providing innovative and environmentally friendly lighting solutions, with a strong emphasis on technical advancements and customer service.
YTD Price Performance: -5.66%
Average Trading Volume: 35,103
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £354.4M
Find detailed analytics on TFW stock on TipRanks’ Stock Analysis page.