Senior Group increases 2014 interim dividend by 10%

DividendMax Ltd.

Senior Group increases 2014 interim dividend by 10%

Headlines

Group revenue broadly unchanged at £400.4m (7% increase at constant currency)

Adjusted profit before tax increased by 4% to £50.1m (12% increase at constant currency)

Adjusted earnings per share up 4% to 9.65 pence

Completed the acquisition of Upeca in April for £74.4m: an encouraging start with the Group

Continued strong free cash flow resulted in net debt of £114.3m, after acquisition of Upeca

Group outlook remains encouraging and interim dividend increased by 10% to 1.67 pence per share

Group CEO to retire in the first half of 2015

Companies mentioned