AdePT Telecom increases its 2018 full year dividend by 12.9%

DividendMax Ltd.

AdePT Telecom increases its 2018 full year dividend by 12.9%

AdePT Telecom 2018 final results

15th consecutive year of increased underlying EBITDA up 24.8% to £9.8m (2017: £7.8m)

·      Revenue increased by 34.8% to £46.4m (2017: £34.4m)

·      Gross margin % increased by 5.4% to 47.7% (2017: 42.3%)

·      Underlying EBITDA margin % of 21.0% (2017: 22.7%)

·      Profit before tax increased by 32.8% to £4.5m (2017: £3.4m)

·      26.2% increase to adjusted fully diluted earnings per share to 27.69p (2017: 21.94p)

·      12.9% increase to dividends declared to 8.75p (Interim 4.25p, Final 4.50p) (2017: 7.75p)

·      Year-end net senior debt of £17.6m (2017: £15.5m)

·      Capital expenditure 0.8% of revenue (2017: 0.3%)

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