Another of our Key Investments this week reported its latest six months to December 2014 figures and they are up to our highest expectations. It's house building and construction contracts and infrastructure developments sales and profits are all at record levels with a higher level of future work in the pipeline and anticipated improved profit margins.

            Sales increased by 35% to £1085m

            Profits increased by 21% to£46m

            Earnings per share grew 24% to 46p

            Interim Dividend is 22p an increase of 47%

           Return on assets rose from 17.1% to 20.1%

The next six months is forecast to be even better as the groups unique strategy of House Building with infrastructure development/construction is directed to increasing demand from both the public and private sectors.
Gallifordtry remains one of our most attractive Key Investments for the foreseeable future.