LONDON--Armour Group PLC (ARM.LN), a consumer electronics group, Friday said the new financial year has started encouragingly, with the group returning to profit at an operating level.

MAIN FACTS:

-Gross profit margins improved by over two percentage points and operating costs are down a further 15% on a like for like basis

-Both the core divisions of Armour Automotive and Armour Home have traded profitably and in line with expectations

-Shares closed Thursday at 3.0 pence valuing the company at GBP3 million.

Write to Jana Weigand at jana.weigand@dowjones.com

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