Tex Holdings plc Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014 and Parent Company Cash Flow Results for the Year Ended December 31, 2014
June 02, 2015 at 05:59 pm EDT
Share
Tex Holdings plc announced audited consolidated earnings results for the year ended December 31, 2014 and parent company cash flow results for the year ended December 31, 2014. For the year on consolidated basis, the company reported revenue of £38,379,000 against £38,379,000 a year ago. Operating profit was £1,370,000 against £1,004,000 a year ago. Profit before taxation was £1,179,000 against £744,000 a year ago. Profit attributable to the equity holders of the parent was £867,000 against £580,000 a year ago. Basic and diluted earnings per share were 13.7 pence against 9.1 pence a year ago. Net cash generated from operating activities was £2,748,000 against £2,646,000 a year ago. Purchases of property, plant and equipment was £859,000 against £1,494,000 a year ago.
For the year on parent company basis, the company reported net cash generated from operating activities of £543,000 against £366,000 a year ago. Purchases of property, plant and equipment was £1,000 against £5,000 a year ago.
Tex Holdings plc manufactures and supplies piling equipment, generators, engineering products, plastic injection molding and tooling procurement and boards and panels. The Company operates through three segments: Engineering, Plastics, and Boards & Panels. The Engineering segment is engaged in design and manufacturing of piling and compaction equipment; manufacture and sale of Trojan asphalt mixers, road surfacing and associated equipment and spares, mobility scooter stores, allied kiosks and enclosures, industrial gas burners, springwood white lining equipment and trailers; marketing and distribution of fibertex geotextiles; marine diesel engine and governor rebuilding, parts supply and technical support, and design, manufacture and installation of air traffic control rooms and radio frequency-blocking glazing. The Plastics segment is engaged in precision injection molding, assembly and finishing services. The Boards & Panels segment manufactures and sells boards and panels.
Tex Holdings plc Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014 and Parent Company Cash Flow Results for the Year Ended December 31, 2014