Poundland increases its 2016 interim dividend by 10%

DividendMax Ltd.

Poundland increases its 2016 interim dividend by 10%

Underlying Results

 

Sales +5.6% on a constant currency basis

 

Like-for-like sales -2.8% (2014: +4.7 %) on a constant currency basis

 

Underlying EBITDA -18.5% to £16.8 million (2014: £20.7 million)

 

Underlying pre-tax profits -26.3 % to £9.3 million (2014: £12.6 million)

 

Underlying diluted EPS -25.8% to 2.85p (2014: 3.84p)

Statutory Results*

 

Total sales +6.2% to £561.1 million (2014: £528.2 million)

 

Pre-tax profits -43.5% to £5.3 million (2014: £9.3 million)*

 

Diluted EPS -47.0% to 1.51p (2014: 2.85p)

 

Net funds of £66.1 million (2014: net debt of £4.4 million)

 

Interim dividend increased by 10% to 1.65p per share (2014: 1.5p)

Companies mentioned