LONDON (Thomson Financial) - Office furniture company Black Arrow Group Plc. posted a rise in its full-year pretax profit on gains of 7.8 million pounds from sale of office property though turnover declined.

For the year to March 31, the company said its pretax profit rose to 6.2 million pounds from 2.5 million pounds a year earlier, while turnover fell to 13.68 million pounds from 17.61 million.

The company said its full-year dividend will be 4 pence per share, up from 2 pence last year. tfn.newsdesk@thomson.com sim/jlw

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