MARSHALL Monteagle had overcome currency fluctuations to record a strong performance in the six months to March, it said yesterday, with a 37 percent increase in operating profit from $3.7 million (R46.5m) to $5.1m, or a 46 percent boost to $5.4m in constant currency terms. Likewise with revenue: a 19 percent increase to $124.5m on the same period last year, or 33 percent growth to $133.4m at constant currency terms. The group said improvements in headline earnings of 5.91c (US) from 4.55c in the same period last year, reflected efficiencies achieved by operations. An interim dividend of 1.8c, the same as last time, was declared. Looking ahead, the company – whose diverse range of investments include listed shares across Europe, the US and Asia, commercial properties and food production and processing businesses – said it would continue to exercise caution. Shares were unchanged yesterday on the JSE at R17.50. – ANA