Trading Update for the six months ended 30 September 2019
John Foster, CEO said:
“It has been a challenging period for several business divisions, and especially at Momart in the art sector, so we are satisfied that the Group has delivered a resilient half year performance overall. Supported by strength in the core Falklands business and tight cost control, the Group’s profit before tax was reasonably robust.
Meanwhile the Group’s cash position remains strong, and we are pleased to announce an increased interim dividend of 1.80 pence per share. With a number of exciting medium to long-term growth opportunities in each of our diverse businesses, the Board looks to the future with confidence.”