The Bodycote Plc Board has declared an interim dividend of 6.7p (2022: 6.4p) which will be paid on 10 November 2023 to all shareholders on the register at close of business 6 October 2023.
Other financial highlights include:
Revenue up 17.2% to £420.1m (13.8% at constant currency)
8.0% revenue growth excluding energy-related surcharges
Headline operating profit 23% higher at £62.8m
Operating margin of 16.5%, up 180 bps excluding energy surcharge revenues. Headline operating margin up 90 bps to 15.0%
Free cash flow improved to £56.2m; 90% cash flow conversion (H1 2022: £31.8m, 63% conversion)
