Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Leak detection technology group Water Intelligence said its annual profit grew by a better-than-expected 78%, buoyed by higher sales.
Pre-tax profit for the year through December jumped to $4.2 million, up from $2.4 million year-on-year, as sales rose 17% to $37.9 million, the company said in a trading update.
Technology reinvestment included commercialization of a proprietary sewer diagnostic product in the UK and development of e-commerce and video display technology.