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Laird's first-half statutory pretax profit jumps 35 percent

Published 30/07/2015, 07:47
© Reuters.  Laird's first-half statutory pretax profit jumps 35 percent
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(Reuters) - Laird Plc (LONDON:LRD), a British electronic components maker, posted a 35 percent jump in statutory pretax profit for the first half, driven by growth in both its performance materials and wireless divisions.

The company, whose customers include Apple Inc (NASDAQ:AAPL) and Samsung Electronics (LONDON:0593xq) Co Ltd, said its statutory pretax profit rose to 21.6 million pounds in the six months ended June 30 from 16 million pounds a year earlier.

Revenue in sterling rose 21 percent to 305.9 million pounds, the company said.

Laird, which makes electromagnetic shielding and heat-control devices, declared an interim dividend of 4.40 pence per share, up from 4.27 pence a year earlier.

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