Sanne increases its 2017 full year dividend by 31.3%

DividendMax Ltd.

Sanne increases its 2017 full year dividend by 31.3%

Sanne group 2017 final results

- Group revenue increased 77% to £113.2m (2016: £63.8m)

- Underlying operating profit increased 76% to £38.8m (2016: £22.0m)

- Underlying profit before tax increased 79% to £38.1m (2016: £21.3m)

- Operating profit increased 57% to £23.1m (2016: £14.7m)

- Profit before tax increased 49% to £22.4m (2016: £15.0m)

- Diluted Earnings Per Share (EPS) at 12.7 pence (2016: 11.3 pence), underlying diluted EPS 23.7 pence (2016: 16.9 pence)

Recommending final Dividend Per Share (DPS) of 8.4 pence, bringing total dividend for the year to 12.6 pence, inclusive of the previously paid 4.2 pence interim dividend (2016: 9.6 pence in total)

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