Growth at Oglesby & Butler

Soldering products manufacturer, Oglesby & Butler, continues to record good growth with a 25.4 per cent rise in pre-tax profit from £256,000 to £321,000 in the six months ended September 30th 1998. The interim dividend is being maintained at 1p per share. Sales grew by 12.5 per cent to £2.29 million and profit margins improved from 12.6 per cent to 14.0 per cent. Earnings per share rose from 2.24p to 2.76p.