BTG Full-Year Net Profit Surges

BTG PLC BTGGF reported a gain in its net profit during the year-ended March 31, 2015. Its net profit rose to GBP33.6 million, from GBP24.3 million in the year-earlier period. Earnings per share surged to 9.0 pence versus 6.7 pence. BTG's pretax profit for the year declined to 26.7 million pounds ($41.2 million), from GBP33.3 million in the year-ago period. Underlying profit gained to 15.4 pence per share from 14.3 pence per share. Its revenue climbed to GBP367.8 million from GBP290.5 million. "We have delivered a good financial performance for the year, with each business delivering underlying growth of more than 20%," Chief Executive Officer, Louise Makin said. BTG shares gained 9.40 percent to close at $12.23 yesterday.