Simonds Farsons Cisk plc Approves to Distribute Interim Dividend for the Six Months Ended July 31, 2018, Payable on October 10, 2018; Reports Unaudited Group Earnings Results for the Six Months Ended July 31, 2018
September 18, 2018
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Simonds Farsons Cisk plc at its meeting held on 19th September 2018, the Board of Directors resolved to distribute, out of tax exempt profits, an interim dividend of 1,000,000 equivalent to 0.0333 per ordinary share. This dividend will be paid on 10th October 2018 to the ordinary shareholders who will be on the Register as at the close of business on 26th September 2018.
Simonds Farsons Cisk plc reported unaudited group earnings results for the six months ended July 31, 2018. For the period, the company reported, revenue was 51,241,000 against 49,205,000 a year ago. Operating profit was 7,208,000 against 6,838,000 a year ago. Profit before tax was 6,572,000 against 6,070,000 a year ago. Profit for the period from continuing operations was 6,109,000 against 5,716,000 a year ago. Profit for the period was 6,109,000 against 5,778,000 a year ago. Earnings per share were 0.204 against 0.193 a year ago. Net cash generated from operating activities was 3,843,000 against 7,878,000 a year ago.
Simonds Farsons Cisk plc is a Malta-based holding company. The Company is engaged in manufacturing of branded beers and beverages, including a Cisk range of beers, Blue Label Amber Ale, the Kinnie range of soft drinks and San Michel table water among others. The Company segments include Brewing, production & sale of branded beers & beverages; Importation, wholesale & retail of food & beverages, including wines & spirits; and Operation of franchised food retailing establishments. The Company owns a range of beers and ciders brands, including Cisk Lager Beer, Cisk Excel Low-Carbohydrate Lager Beer, CISK 0.0 Alcohol-Free Lager BeerCISK 0.0 Alcohol-Free Lager Beer, Cisk Pilsner, Cisk Excel Low-Carbohydrate Lager Beer, CISK 0.0 Alcohol-Free Lager Beer, Cisk Pilsner, Cisk Export Premium Lager, Cisk Chill Lemon, Cisk Chill Berry, Cisk Chill Ginger & Lime, and others. Its non-alcoholic beverage brands include Kinnie, Diet Kinnie, Kinnie Zest, San Michel, and others.
Simonds Farsons Cisk plc Approves to Distribute Interim Dividend for the Six Months Ended July 31, 2018, Payable on October 10, 2018; Reports Unaudited Group Earnings Results for the Six Months Ended July 31, 2018