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Carr's Group PLC - agriculture machinery distributor and engineering firm - Reports similar profit as a year ago for the 26 weeks ended February 26. Pretax profit slips by 0.1% to £9.48 million from £9.49 million. Revenue climbs by 11% to £222.7 million from £201.4 million.
The Carlisle, England-based firm cites ‘significant raw material cost increases’ as a cost factor affecting all parts of its business. The company proposes an interim dividend of 1.18 pence, unchanged from a year ago. Outlook for the financial year ending late August 2022 remains unchanged, the firm says.
Current stock price: 148.00 pence, down 0.7% on Wednesday
12-month change: up 9.6%
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