EAGA PLC (EAGA.LN), ) a green support services company and provider of residential energy efficiency solutions, reported Thursday 21st January 2010 a 10% rise in adjusted profit and said trading since the period end has continued in line with its plans, adding that the Board remains confident of the financial performance of the Group for the remainder of the year.

MAIN FACTS:

-Revenue for half year ended Nov. 30 up 15% to GBP391.5 million (2008: GBP339.4 million), primarily organic

-EBITA up 14% to GBP24.3 million (2008: GBP21.4 million)

-Profit before tax, amortization of intangible assets, exceptional items and ePT-funded charges up 10% to GBP23.9 million (2008: GBP21.7 million)

-Profit before tax GBP15.70 million (2008: GBP17.38 million)

-Adjusted diluted EPS up 10% to 6.74 pence (2008: 6.12 pence)

-Diluted EPS 4.39 pence (2008: 4.89 pence)

-Interim dividend up 10% to 1.21 pence (2008: 1.1 pence)

-Closing net cash balances of GBP34.6 million (May. 31, 2009: GBP31.3 million)

-Outlook for Group remains strong and Board continues to be well placed to capitalize on the opportunities that arise in core markets.

It's weakening now.

Heading into another major slide.

Takeover alert!

http://moneyam.uk-wire.com/cgi-bin/articles/201102110700120731B.html

They think it's all over http://www.moneyam.com/action/news/showArticle?id=4127490

It is now http://moneyam.uk-wire.com/cgi-bin/articles/201104190904581592F.html