May 2014 Financial News

Agostini records $707 million sales

May 13, 2014

THE Agostini Group of Companies has recorded group sales of $707 million and group profit of $44.4 million for the half-year ended March 31. Group chairman Joseph P Easu made this announcement yesterday.

Easu said earnings per share increased to 76 cents compared with 67 cents in the first half of 2013. He said Smith Robertson’s performance was similar to the previous year’s, against lagging public sector sales.

Easu said SuperPharm “delivered good results in the half-year, and is on track to open two new stores in fiscal 2015.” He also said Hand Arnold “had a good half-year, while our business in the building sector were challenged by the slow activity in that area.”

Easu said the directors have approved the payment of an interim dividend of 22 cents per share, compared with 20 cents in the previous year. This dividend will be paid on June 23 to shareholders on record as at June 9.

The company’s share register will close on June 10 and 11.


Source:
Newday
Tuesday May 13, 2014

http://www.newsday.co.tt/business/0,194689.html