IN BRIEF: Scholium swings to profit on good sales performance

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Scholium Group PLC - London-based rare books, arts and collectibles - Swings to a pretax profit of £177,000 in the year which ended March 31, from a loss of £437,000 the year before. Revenue rises 58% to £8.1 million from £5.2 million. Attributes the growth to increased sales in each of its businesses. Remains ‘cautiously optimistic’ about future prospects. Still warns that the current global economic and political environment is challenging.

Current stock price: 43.96 pence, up 4.7% on Thursday

12-month change: up 44%

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