21-11-2006 - Printing.com - Printing.com H1 pretax flat as retail sales rise 15.9 pct; pays 0.6p dividend - AFX News
LONDON (AFX) - Printing.com PLC reported a 15.9 pct rise to 10.879 mln stg in its retail sales for the 28 weeks ended Oct 15, but its pretax profit remained flat at 1.026 mln stg, compared to 1.019 mln in the year previous.The firm said that, while the fiscal performance 'could be construed as one of consolidation', its operational changes 'provided the basis to move forward' and that it remained optimistic about its prospects.
The specialist retail chain said that trading had improved since the previously reported deterioration in June and July. Trading in the last two four-week periods to mid-Oct was inline, and the first part of the second half has also followed this trend, it said.
Printing.com's diluted earnings remained flat at 1.53 pence a share for the period. The company declared a dividend of 0.6 pence a share, up from last year's 0.50 pence.