Macro 4 has turned in a remarkably unimpressive set of mid-year figures, with both revenues and profits flat. For the six months ending 31 December 1997, the mainframe and AS/400 rental company saw turnover increase only 3.4 per cent to #12.2 million, on pre-tax profits that rose 2.1 per cent to #5.3 million. Earnings per share rose 6.7 per cent to 17.6 pence, however, due to the beneficial effects of a lower number of shares on the market, following the firm's buy-back programme in November/December 1996, which cost it #5.2 million.
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