Pre-tax profits reach £31.4m for listed manufacturer

Doncaster-based Polypipe Group plc has reported a strong first half performance, with its pre-tax profits hitting £31.4m, a rise of 4.3% on last year. In its unaudited interim results for the six months ending on 30 June 2019, the listed water pipe manufacturer also recorded revenue of £223.3m, compared to 210.2m for the same period last year, an increase of 6.2%. Underlying operating profit was 8.3% higher, at £39.3m.

Martin Payne, Chief Executive Officer of the company, said: "The business has performed well... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...