Electronics Production | September 07, 2006
Premier Farnell enjoys strong quarter
Strong second quarter sales growth performance, with sales per day from continuing operations up 10.8% on the prior year and slightly ahead of the
seasonally strong first quarter. Fourth consecutive quarter for which the Group has seen positive sequential sales per day growth.
seasonally strong first quarter. Fourth consecutive quarter for which the Group has seen positive sequential sales per day growth.
Pre-tax profit from continuing operations for the second quarter ended 30 July was up to ÂŁ14.8m from ÂŁ10.5m at the same time last year on revenue higher at ÂŁ206.4m versus ÂŁ190.8m in 2005.
Half year profit before tax was up to ÂŁ30.7m from ÂŁ22.7m on revenue of ÂŁ421.3m against last year's equivalent of ÂŁ377.5m.
The strategic business review started in May is making good progress, said the group, with the outcome expected to be announced during the autumn.
Half year profit before tax was up to ÂŁ30.7m from ÂŁ22.7m on revenue of ÂŁ421.3m against last year's equivalent of ÂŁ377.5m.
The strategic business review started in May is making good progress, said the group, with the outcome expected to be announced during the autumn.
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