Acquisitions boost OPD_2

Company confident of continued growth

OPD said it had enjoyed increased profits from all four of its brands - Hoggett Bowers, Odgers, Portfolio and PSD.

The company’s pre-tax profit for the first half rose to £5.9m, from £2.3m. This was boosted by Odgers, acquired in December 2005.

Francesca Robinson, Chief Executive Officer of OPD Group plc, said: “The group has made significant progress during the first six months of the year with each part of the business improving profitability over the comparative period for 2005. Market conditions permitting, we are confident of continued growth during the period ahead.”

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