Regional REIT Limited Board has declared total dividends of 5.25pps (2022: 6.6pps), ensuring compliance with the HMRC REIT regime. Since inception, the Company has declared dividends amounting to 57.55pps and to date the Company has distributed c.£234 million in dividends.
Other financial highlights include
Revenue growth of 18% to £36.8 million (2022: £31.3 million) and 22% on a constant currency basis
Clinical revenue growth of 24% (29% on a constant currency basis) to £32.6 million (2022: £26.2 million)
Group adjusted EBITDA of £11.4 million, in line with upgraded consensus estimates (2022: £7.3 million)
Net cash £19.9 million (31 December 2022: £19.4 million)
A special dividend of 2.5 pence per share (equating to a return of cash of £10.5 million) was paid to shareholders on 15 September 2023
