Haynes Publishing Group Plc Reports 7% Increase In FY19 Revenue

Haynes Publishing Group Plc (LSE: HYNS) for the year ended 31 May 2019, has reported a 7 per cent increase in the group’s revenue to £36.2 million as compared to £33.8 million of FY18. The gross profit witnessed a surge of 12 per cent to £22.5 million as compared to £20.1 million in the prior year. The group’s net cash increased by 96 per cent at £4.9 million (2018: £2.5 million), and it is debt-free for the first time since 2013.

On 12th September 2019, at the time of writing, GMT 08:02 AM, HYNS shares were trading at GBX 226.00, up by 6.00 points or 2.73% against the previous day closing price.