The Knights Group Holdings Board announce a final dividend of 2.50p recommended (FY22: 2.04p), giving a 15% increase in the total dividend to 4.03p (FY22: 3.50p)
Other financial highlights include:
Revenue increased by 13.1% to £142.1m (FY22: £125.6m)
Gross margin of 48.5% (FY22: 49.3%)
Underlying PBT up 19.1% to £21.6m (FY22: £18.1m); underlying PBT margin increased to 15.2% (FY22: 14.4%)
Reported PBT increased to £11.5m (FY22: £1.1m)
Underlying EPS increased to 20.20p (FY22: 17.23p). Basic EPS 9.28p (FY22: loss of 3.02p)
Lock up was 87 days (FY22: 86), with debtor days at 30 (FY22: 31)
Cash conversion of 117% (FY22: 109%)
Net debt of £29.2m (30 April 22: £28.9m), in line with the Board's expectations
