Company News in Brief
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Golden Vale, producer and distributor of dairy products including milk powders, cheese and dairy spreads, which is based in Co Cork in Ireland, yesterday announced an increase in pre-tax profits from pounds 16.7m to pounds 19m for the year ended 31 December. Turnover grew from pounds 298m to pounds 376.2m. Earnings per share are 10.02p, up from 9.2p. Final dividend is 1.35p, making a higher total payout of 1.95p (1.63p).
River & Mercantile Extra Income Trust has maintained the second interim dividend payout at 1.97p. Pre-tax revenue rose to pounds 2.2m (pounds 1.8m). Earnings per share improved to 4.6p (3.65p) as did net asset value per share from 104.74p to 125.75p.
Royal Bank of Scotland has agreed to sell its 64 per cent shareholding in Associated Merchant Bank, which conducts leasing and hire purchase business in Singapore, for an undisclosed sum.
Chemring Group, the decoys, safety clothes and equipment maker, has bought Graseby Nova from a subsidiary of Graseby for pounds 1.1m in cash. The company said the acquisition should have a positive effect on earnings per share and is being funded from Chemring's own resources. Grase Nova, which will trade as Nova Marine Systems (Nova Marine), makes electronic marine search and rescue products and produces radio control centre equipment for the police and coastguard services.
EIS Group the hydraulic and aircraft engineer has bought C & F Miller, an aeroengine tooling and maintenance equipment maker based in Bristol, for pounds 489,000 in cash. The deal includes a further maximum cash price of pounds 100,000 to be based on pre-interest profits in the next three years.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments