slingsby (h.c.) plc (SLNG) Snapshot

H C Slingsby plc announced unaudited consolidated preliminary earnings results for the year ended December 31, 2012. For year, turnover was GBP 14,588,000 against GBP 15,221,000 for the same period a year ago. Operating profit was GBP 360,000 against GBP 633,000 for the same period a year ago. Profit before taxation was GBP 102,000 against GBP 422,000 for the same period a year ago. Profit attributable to equity shareholders was GBP 172,000 or 17.2 pence per basic and diluted share against GBP 320,000 or 32.0 pence per basic and diluted share for the same period a year ago. Cash generated from operating activities was GBP 933,000 against cash used in operating activities of GBP 346,000 for the same period a year ago. Purchase of property, plant and equipment was GBP 275,000 against GBP 313,000 for the same period a year ago. The board of the company recommends a reduced final dividend of 15.0 pence per share. Dividend for 2011 was 28.0 pence per share. The total dividend is therefore 19.0 pence compared to 32.0 pence per share for the previous year. The record date will be May 31, 2013 and the payment date will be July 5, 2013.

H C Slingsby plc announced unaudited consolidated earnings results for the half year ended June 30, 2012. For the period, turnover was GBP 7,535,000 against GBP 7,792,000 for the same period a year ago. Operating profit was GBP 333,000 against GBP 383,000 for the same period a year ago. Profit before taxation was GBP 203,000 against GBP 276,000 for the same period a year ago. Profit attributable to equity shareholders was GBP 203,000 or 20.3 pence per basic and diluted share against GBP 255,000 or 25.5 pence per basic and diluted share for the same period a year ago. Cash generated from operating activities was GBP 753,000 against GBP 702,000 for the same period a year ago. Purchase of property, plant and equipment was GBP 180,000 against GBP 209,000 for the same period a year ago. The board of the company recommends an unchanged interim dividend of 4.0 pence which will be paid on January 4, 2013 to shareholders on the Register at the close of business on December 7, 2012.

Slingsby plc reported unaudited consolidated earnings results for the year ended December 31, 2011. For the period, the company reported turnover of £15,221,000 against £16,652,000 a year ago. Operating profit was £633,000 against £1,259,000 a year ago. Profit before taxation was £422,000 against £1,082,000 a year ago. Profit for the year attributable to equity shareholders was £320,000 against £717,000 a year ago. Basic and diluted earnings per share were 32.0 pence against 71.7 pence a year ago. Net cash outflow from operating activities was £312,000 against net cash inflow from operating activities of £1,323,000 a year ago reflecting the lower trading levels and a change in supply chain strategy towards holding higher levels of faster moving lines in stock to facilitate next day delivery and better purchase prices. Purchase of property, plant and equipment was £313,000 against £394,000 a year ago. The board of the company is recommending a final dividend of 28.0 pence per share for the year 2011 against 35.0 pence per share paid a year ago. The total dividend is therefore 32.0 pence per share against 40.0 pence per share a year ago. The record date will be June 1, 2012 and the payment date July 3, 2012.