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Preliminary Results for the Year to 31 March 2001

09 July 2001

HIGHLIGHTS

Key points:

  • Group Turnover £81,364,520 up 134% (£34,821,517 for year to 31.3.00)
  • EBITDA £11,622,947 up 166% (£4,363,252 for year to 31.3.00)
  • Total operating profit £10,621,768 up 154% (£4,181,157 for year to 31.3.00)
  • EBITDA Earnings per share 4.4p up 34% (3.3p for year to 31.3.00)
  • Earnings per share 2.6p up 20% (2.2p for year to 31.3.00)
  • Shareholders funds £34,146,473 up 35% (£25,331,903 (restated) at 31.3.00)
  • Net asset value per share 11.9p up 16% (10.2p (restated) per share at 31.3.00)
  • Dividend per share 0.6p up 20% (0.5p per share for 31.3.00)
  • Net cash improvement £7,693,279 up 199% (£2,570,423 at 31.3.00)

Commenting on the results, Artisan's Chairman Stephen Dean said:

'The year to 31st March 2001 has been another milestone in the development of Artisan (UK) plc. The group has now totally disposed of its IT and regional contracting businesses profitably, and is highly focused on residential and commercial developments as its core business.'

Enquiries:

Artisan (UK) plc 01480 436666
Stephen Dean Chairman 07785 938782
Chris Muselle Finance Director 07879 412779
Seymour Pierce Limited 020 7648 8700
Sarah Wharry
Cater Barnard (UK) Ltd 0870 066 0830
Melissa Gilmour

View the full press release in PDF format.

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