Posts in LSE:EDP

EDP pre-tax profits jump

Electronic Data Processing's pre-tax profit increased 71% to £417,000 in the year to the end of September.

Adjusting for one-off property costs of £104,000 last year, the increase was 20%.

Turnover rose by 3% to £5.11m and adjusted operating profit increased 26% to £540,000, representing an adjusted operating margin of 10.6% (2016: 8.7%).

Th group declared a final dividend 3.0p per share, meaning the overall dividend was maintained at 5.0p for the full year.

Chairman Sir Michael Heller said: 'With a strong, cash-generative business model and a debt-free balance sh

EDP adjusted operating profits up

Electronic Data Processing's adjusted operating profit increased by 8.3% to £260,000 in the six months to the end of March.

Turnover rose to £2.54m from £2.51m.

It said hosting revenues represented 61% of total revenues (2016: 58%) and contracted recurring revenues represented 80% (2016: 81%).

R&D expenditure amounted to £461,000 (2016: £500,000).

Chairman Sir Michael Heller said: "Whilst trading conditions remain competitive, the second half has started well and we remain confident about the outlook for the remainder of the year."

All resolutions at EDP's AGM

Electronic Data Processing (EDP) has announced that, at the Annual General Meeting held on 21 March 2017, all resolutions were passed on a show of hands.

At 2:27pm: (LON:EDP) Electronic Data Processing PLC share price was 0p at 67.5p

How the Share Sleuth portfolio almost tripled

How the Share Sleuth portfolio almost tripled

Companies analyst Richard Beddard didn't set out to make money in 2016. But he did. Here, he analyses this year's 'buys' and 'sells', and how his portfolio continues to beat the market.

EDP's turnover

Electronic Data Processing's turnover for the year to 30 September was £4.96 million compared with £5.16 million the previous year.

This resulted from a quiet end to the financial year as decisions on a discrete number of sales opportunities were delayed by customers.

Adjusted operating profit was £430,000, compared with £459,000 last year.

Share Sleuth: How to make sense of accounting headaches

Share Sleuth: How to make sense of accounting headaches

Investors should be able to read company accounts like a book, but it's easier said than done. Companies analyst Richard Beddard shares his favoured rules of thumb.

Share Sleuth: A company with staying power

Share Sleuth: A company with staying power

Comparing very different companies seems hopeless, but investors do it every time they trade. Analyst Richard Beddard explains what compelled him to buy into this firm.

Share Sleuth buys (and sells) again

Share Sleuth company analysis portfolio addition board Solid State electronics

A fortnight after adding retailer Next to his portfolio, companies analyst Richard Beddard has sold two holdings after spotting another bargain 'buy'.

A Brexit 'buy' for Share Sleuth

Brexit buy unemotional practical investing Next retailer online restructuring

The Brexit vote had a profound effect on companies analyst Richard Beddard, but he's taken advantage of the sell-off to load up on this £7bn heavyweight.

Why I'm a sucker for specialists

specialists company analysis Richard Beddard aircraft broker Air Partner

This established profitable company trades on an attractive valuation. Companies analyst Richard Beddard is a sucker for specialists, and this share fits the bill.