Clyde Process Solutions announces interim results

Clyde Process Solutions, a global provider of pneumatic conveying and air filtration solutions for process industries, has announced its interim results for the six months ended 31 August 2010.

First half performance was in line with expectations, with an order intake up 28 per cent to £38.5m, an increase from last year’s figure of £30.1m.

Revenue was £36.5m, down from £38.4m for the same period in 2009 and operating profit was £2.8m, down from £4.1m in the previous year.

Profit before tax was £1.7m, showing a decrease from last year’s figure of £3.1m.