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Gateley increases its 2018 final dividend by 9%

Investment Tools Ltd.
Gateley increases its 2018 final dividend by 9%

Gateley 2018 final results

·      Revenue increased 11.0% to £86.1m (2017: £77.6m)

·      Adjusted EBITDA increased 10.6% to £16.5m (2017: £14.9m)

·      Profit before tax increased 11.7% to £14.6m (2017: £13.1m)

·      Basic EPS increased 17.0% to 11.03p (2017: 9.43p)

·      Proposed final dividend of 4.8p (2017: 4.4p) representing a full year dividend of 7.0p (2017: 6.6p)

·      Strengthening balance sheet with net assets increasing to £23.0m (2017: £17.4m)

·      Strong cash generation and continued investment for future growth

Companies mentioned

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