Pinewood Group Fiscal 2015 Profit Surges

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Pinewood Group PLC reported a 38 percent rise in its pretax profit for fiscal 2015.Pinewood's pretax profit for the year climbed to 5 million pounds ($7.9 million), versus a year-ago profit of GBP3.6 million.Its revenue gained to GBP75.0 million from GBP64.1 million.The company's board declared a final dividend of 2.8 pence per share.Ivan Dunleavy, Chief Executive said, "Pinewood is a uniquely positioned independent operator and has once again delivered strong growth."

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