ASH.L Share News (ASH)

Health centre developer Ashley House reported a 9% rise in full year pre-tax profit while current trading is on track so far.Pre-tax profit rose to £5.53m for the year ended 30 April 2009 from £5.07m previously while revenue was up 20% at £23.83m."The favourable resolution of the £19m outstanding Babcock & Brown deferred consideration liability for £1m and our success in being selected as one of the seven private sector partners in the new Express LIFT procurement, positions us well for the future," said chairman Sir William Wells. "With our revenues growing from a solid pipeline of opportunities we look forward to the future with confidence," Wells added.A final dividend of 4p per share has been recommended, total 4p with scrip alternative, compared with 3.7p final dividend, 6p total the previous year.