![Skip to main content [Access key M]](/ecm/images/shim.gif){kind=small}
Electrocomponents plc, the major international high service distributor of electronic, electrical and industrial supplies, today announces its results for the half year ended 30 September 2005.
The summary results, against the first half of last year, were:
| H1 2005/06 | H1 2004/05 | |
| Revenue | £396.8m | £379.5m |
| Profit before tax and reorganisation costs | £35.3m | £49.6m |
| Profit before tax | £33.6m | £49.6m |
| Earnings per share | 5.2p | 7.8p |
| Dividend per share | 5.8p | 5.8p |
Bob Lawson, Chairman, commented:
In the first half, the strong growth in our International business, which now represents over half the Group's revenue, has been offset by difficult trading conditions in the UK, and incremental activity and costs associated with our Enterprise Business System ("EBS") project.
The management of the Group is focused on both achieving the successful EBS implementation in the UK in the final quarter of the financial year and the rapid implementation of the new strategy in the markets in which we trade.
Bob Lawson
8 November 2005
Enquiries:
| Bob Lawson, Chairman | Electrocomponents plc | 0207 567 8000 * |
| Ian Mason, Chief Executive | Electrocomponents plc | 0207 567 8000 * |
| Simon Boddie, Finance Director | Electrocomponents plc | 0207 567 8000 * |
| Diana Soltmann | Flagship Consulting Ltd | 0207 886 8440 |
* Available to 15:00 on 8 November, thereafter 01865 204000. The results and analyst presentation with accompanying audiocast are published on the corporate website at www.electrocomponents.com
Notes on the Interim Statement:
Definitions of terms: In order to better reflect business performance, comparisons of revenue between periods have been adjusted for exchange rates and the number of trading days. Changes in profit, cash flow, debt and share related measures such as earnings per share are at reported exchange rates.
Safe Harbour: Our interim statement contains certain statements, statistics and projections that are or may be forward-looking. The accuracy and completeness of all such statements, including, without limitation, statements regarding the future financial position, strategy, projected costs, plans and objectives for the management of future operations of Electrocomponents plc and its subsidiaries is not warranted or guaranteed. These statements typically contain words such as "intends", "expects", "anticipates", "estimates" and words of similar import. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Although Electrocomponents plc believes that the expectations reflected in such statements are reasonable, no assurance can be given that such expectations will prove to be correct. There are a number of factors, which may be beyond the control of Electrocomponents plc, which could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Other than as required by applicable law or the applicable rules of any exchange on which our securities may be listed, Electrocomponents plc has no intention or obligation to update forward-looking statements contained herein.
