Montanaro European Smaller Companies Trust plc announced unaudited consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported total income of GBP 16,556,000 against GBP 28,936,000 a year ago. Total comprehensive income was GBP 15,151,000 or 90.5 pence per share against GBP 27,492,000 or 164.3 pence per share a year ago.