In its preliminary results for the full year ended 30 September 2011 the company also reported gross profit margin up 1.5 ppts at 27.4% (2010: 25.9%)and EBITDA up 5% at £4.1m (2010: £3.9m)

Adjusted pre-tax profit was up 15% at £3.0m (2010: £2.6m) with Statutory profit before tax of £2.5m (2010: £1.8m). Adjusted EPS up 56% at 1.4p (2010: 0.9p)fully diluted EPS up 100% at 1.0p (2010: 0.5p).

Commenting on the results, CEO Sean Nutley said:"During the past two years Silverdell Plc has been successfully refocused and stabilised; we are now standing on a strong platform and are poised for future growth.

I am very encouraged by recent progress made, winning significant new business, while making two successful acquisitions and we look forward to the future with confidence."

At 8:48am: (LON:SID) share price was +0.01p at 11.13p

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