Armour Group Returns to Profit on Operating Level
22 Febrero 2013 - 1:58AM
Noticias Dow Jones
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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