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It reported diluted earnings per share of 221.1 cents from 232.9 cents earlier.
Revenue was at R5.11bn, unchanged from earlier, while its pre tax profit of R595.9m, was higher than R582m achieved before.
Reunert declared an interim cash dividend of 67 cents per share, from 65 cents previously.
The group said Nashua performed well and revenue grew by 7% to R3.4bn.
"Subdued market conditions resulted in no growth in revenue, which remained flat at R5.1bn for the six months ended March 31. However, effective action taken by management to counter the lack of growth in revenue and the negative effect of the strong rand on margins, enhanced Reunert's operating profit by 9% to R582m for the period," the group said.
It noted that its balance sheet remained strong with available cash of R1.4bn, while a higher tax rate reduced the growth in basic normalised earnings to 3%, or 238.9 cents per share.
Looking ahead Reunert said: "Our businesses have been appropriately sized for current levels of demand.
Sufficient capacity exists to take advantage of any improvement in the economy.
"Exports are strong, albeit at lower margins, because of a stronger rand.
"Reutech is expected to be down on last year since most of its earnings are dollar based. In addition, delays in the placement of certain orders will lead to lower sales.
"Based on the above and assuming stable economic conditions and given no surprises the group's second half performance should be better than that of the first half," it concluded.
- I-Net Bridge
