Stamp group’s profits down
Monday 23rd March 2009, 3:00PM GMT.
STAMP specialist Stanley Gibbons Group has reported an 18% fall in profit for 2008.
The listed company is planning to introduce a new regulated fund to attract investors and has created a new post of chief operating officer.
Profit before tax for the Jersey-registered company totalled £3.7 million last year, compared to £4.5 million in 2007.
Sales totalled £19.4 million, down four per cent on the previous year. The board is recommending a final dividend of 2.75p per share, giving a total net dividend for the year of 4.75p.
• Picture: The chairman of Stanley Gibbons, Martin Bralsford.
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