Vosper Thornycroft Experiences Higher

Vosper Thornycroft Experiences Higher Earnings

Tuesday, November 14, 2000

British shipbuilder Vosper Thornycroft Holdings Plc said on Tuesday profits before tax and goodwill rose 14 percent to $27 million in the six months to September, on turnover up 40 percent to $248.5 million.

The company said in a statement its order book was worth a record 1.25 billion pounds ($1.7 billion), which "reflects a significant forward workload". Earnings per share rose eight percent to 36.3 pence ($0.51), out of which a 10.5 pence interim dividend, 7.7 percent higher, will be paid.

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