RPS Group increases its 2017 interim dividend by 3%

DividendMax Ltd.

RPS Group increases its 2017 interim dividend by 3%

Key Points

PBTA up 35% to £27.2m (2016: £20.2m)

Adjusted EPS (basic) up 35% to 8.71p (2016: 6.44p)

Statutory profit before tax up 88% to £20.4m (2016: £10.9m)

Net bank borrowings £93.4m (June 2016: £95.0m)

Leverage reduced to 1.5 times (June 2016: 2.2 times)

Cash conversion 62% (2016: 101%)

Dividend increased 3% to 4.80 pence (2016: 4.66 pence)

Three regional segments working well

Platform established to return to growth in 2017.

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