Gateley increases its 2017 interim dividend by 16%

DividendMax Ltd.

Gateley increases its 2017 interim dividend by 16%

Financial Highlights

·      Revenue increased 18.9% (2015: 10.9%) to £35.2m (2015: £29.6m)

·      Adjusted EBITDA increased 11.1% (2015: 40.6%) to £5.0m (2015: £4.5m)

·      Profit before tax increased 44.8% (2015: 11.5%) to £4.2m (2015: £2.9m)

·      Basic EPS increased 55% (2015: 5%) to 3.1p (2015: 2.0p)

·      Interim dividend increased 16% to 2.2p per ordinary share (2015: 1.895p)

·      Strong cash generation

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