Tristel announce a doubling of their interim dividend to 5.24p per share

DividendMax Ltd.

Tristel announce a doubling of their interim dividend to 5.24p per share

The Tristel Board is recommending an interim dividend of 5.24 pence (2022: 2.62 pence) to be paid on 12 April 2024. The associated ex-dividend date will be 21 March 2024 with a record date of 22 March 2024.

Other financial highlights include:

Revenue up 20% to a record £20.9m (2022: £17.5m)

Overseas sales up 13% to £12.7m (2022: £11.2m)

Reported EBITDA up 21% to £4.7m (2022: £3.9m)

Adjusted EBITDA up 18% to £5.4m (2022: £4.6m)

Reported profit before tax up 44% to £3.4m (2022: £2.4m)

Adjusted profit before tax up 34% to £4.1m (2022: £3.1m)

Reported EPS up 104% to 6.50p (2022: 3.19p)

Adjusted EPS of 8.68p up 87% (2022: 4.65p)

No debt and cash of £10.8m (2022: £8.4m)

Companies mentioned