Luceco Plc Announces Results For First Half of 2019

Revenues increased by 10.1% (AER) year over year to £82.7 million while gross margin improved to 35% in H1 2019 compared to 26% in the corresponding period of the prior year. There was a reported profit after tax of £4.1 million compared to a loss of £4.4 million in the year-ago period.  Basic earnings per share (reported) was 2.6 pence compared to a loss of 2.7 pence per share in the year-ago period.

On 9th September 2019, at the time of writing, GMT 12:17 PM, LUCE shares were trading at GBX 80.20, up by 7.50 points or 10.32% against the previous day closing price.