LONDON (Thomson Financial) - Nationwide Accident Repair Services Plc. said
its first half pretax profit rose 14 percent from last year on a 16 percent jump
in revenues, and declared a 13 percent higher interim dividend of 1.7 pence.
The company also said it remains confident the business is well positioned
for ongoing growth.
For the six months ended June 30, the provider of car crash repair services
posted a pretax profit of 3.9 million pounds compared with 3.4 million last year
as revenues rose to 88.3 million pounds compared with 75.9 million.
The company attributes its revenue growth in the first half to new contracts
and volume extensions agreed last year.
TFN.newsdesk@thomson.com
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