Norish PLC reported unaudited consolidated earnings results for the first six months ended June 30, 2017. For the period, the company reported revenue of GBP 20.545 million compared to GBP 15.555 million for the same period a year ago. Operating profit from continuing operations was GBP 764,000 compared to GBP 486,000 for the same period a year ago. Profit on continuing activities before taxation was GBP 649,000 compared to GBP 350,000 for the same period a year ago. Profit for the period attributable to owners of the parent from continuing operations was GBP 508,000 compared to GBP 275,000 for the same period a year ago. Profit for the period was GBP 498,000 compared to GBP 235,000 for the same period a year ago. Basic and diluted earnings per share from continuing operations were 1.7 pence compared to 1.0 pence a year ago. Profit for the period attributable to owners of the parent was GBP 514,000 compared to GBP 243,000 for the same period a year ago. Net cash from operating activities was GBP 1,264,000 compared to GBP 657,000 for the same period a year ago. Investment in intangible assets was GBP 82,000. Purchase of property, plant and equipment was GBP 1,175,000 compared to GBP 280,000 for the same period a year ago. Diluted adjusted Eps increased by 70% to 1.7 pence compared to 1 pence a year ago. Net debt was higher at £5.4 million compared to £3.3 million a year ago.

The guidance for 2017 fully diluted adjusted EPS is increased from the previous range of 2.75 pence to 3 pence to a new range of 3.2 pence to 3.5 pence.