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Johannesburg - Designer, manufacturer and marketer of air and gas handling solutions Howden Africa Holdings [JSE:HWN] on Friday announced headline earnings per share of 65.94 cents for the six months ended June 30, from 42.70 cents previously.
It noted diluted earnings per share of 65.99 cents, from 42.73 cents in 2010.
Revenue climbed marginally to R434.47m from R423.8m earlier, while operating profit moved to R57.4m, from R46.8m.
The directors of Howden resolved to declare an interim dividend of 20 cents per share.
Looking ahead, the group said: "In total, orders are ahead of the position at December 2010. There is a positive outlook due to the increased bidding activity in the environmental control division.
"The environmental control division is subject to the timing of major projects coming on stream, but is optimistic about future prospects, based on the potential order pipeline from work currently under development or adjudication.
"In this context, the South African Air Quality Act, effective from April 1 last year, provides major opportunities over the next ten to fifteen years," it said.
It noted diluted earnings per share of 65.99 cents, from 42.73 cents in 2010.
Revenue climbed marginally to R434.47m from R423.8m earlier, while operating profit moved to R57.4m, from R46.8m.
The directors of Howden resolved to declare an interim dividend of 20 cents per share.
Looking ahead, the group said: "In total, orders are ahead of the position at December 2010. There is a positive outlook due to the increased bidding activity in the environmental control division.
"The environmental control division is subject to the timing of major projects coming on stream, but is optimistic about future prospects, based on the potential order pipeline from work currently under development or adjudication.
"In this context, the South African Air Quality Act, effective from April 1 last year, provides major opportunities over the next ten to fifteen years," it said.
