Textile rental and uniform supplier Angelica Corporation on Friday announced improved second quarter and first half results, although these were offset by an extraordinary item incurred as a part of the complete refinancing of the company's debt following the sale of its Manufacturing and Marketing segment.

Combined sales and revenues of continuing operations were $88.52 million in the second quarter compared with $85.35 million in the same period last year, an increase of 3.7 per cent. Income from continuing operations before extraordinary item was $3.26 million versus $687,000 in the second quarter last year. Including discontinued operations, the firm reported a loss after tax of $961,000.

For the first half of the year, combined sales and revenues of continuing operations increased 4.1 per cent to $181.78 million compared with $174.54 million last year. First half income from continuing operations before extraordinary item increased to $5.56 million from $2.08 million in the same period last year.

In the Textile Services segment, second quarter revenues increased 3.4 per cent to $66.79 million compared with $64.58 million last year. For the first half of this year, revenues were up 4.1 per cent.

At Life Retail Stores, which sell retail healthcare uniforms and shoes, the improved results seen in the first quarter this year continued in the second quarter. Sales for the second quarter increased 4.6 per cent to $21.73 million compared with $20.77 million last year despite the planned reduction in the number of stores from 287 to 264.