Universe Group plc announced unaudited consolidated earnings results for the six months ended June 30, 2012. For the period, revenue was GBP 6,019,000 against GBP 5,659,000 for the same period a year ago. Operating profit was GBP 526,000 against operating loss of GBP 90,000 for the same period a year ago. Profit before taxation was 404,000 against loss before taxation of GBP 235,000 for the same period a year ago. Profit attributable to equity shareholders was GBP 404,000 or 0.35 pence per basic and diluted share against loss attributable to equity shareholders of GBP 235,000 or 0.20 pence per basic and diluted share for the same period a year ago. Net cash inflow from operating activities was GBP 1,355,000 against GBP 374,000 for the same period a year ago. Purchase of property, plant & equipment was GBP 61,000 against GBP 37,000 for the same period a year ago. EBITDA before exceptional items and discontinued operations was GBP 950,000 against GBP 726,000 for the same period a year ago. The increase of Cash from operating activities was partly as a result of significant payments in advance which were being held as deferred income in the balance sheet.

The Board announced the departure of Non-executive Director, John Scholes from the company.