VT Group FY profits up; sees ‘another promising year’

VT Group PLC, the government support services and shipbuilding group, reported higher full year profits and said the outlook for both its businesses is good, and it looked forward to ‘another promising year’. VT reported year to March pretax profit before exceptionals rose to 52.0 mln stg from 46.2 mln, while pretax profit after exceptionals was 42.9 mln, up from 26.3 mln.