Duke Royalty Limited Declares Full-Year Results for FY 2019

Total income increased 240% year over year to £6.1 million while operational cash flow registered an increase of 1500% from the year-ago period to £4.1 million in FY19. Adjusted post-tax profit was £2.9 million with earnings per share at 1.83 pence. The company raised £44 million of equity capital in the second quarter of the financial year and acquired the only known competitor to safeguard its market share.

On 9th September 2019, at the time of writing, GMT 12:10 PM, DUKE shares were trading at GBX 47.50, down by 0.10 points or 0.21% against the previous day closing price.