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Shoe Zone increases its 2018 final dividend by 17.6% and will pay a special

Investment Tools Ltd.
Shoe Zone increases its 2018 final dividend by 17.6% and will pay a special

Shoe Zone 2018 final results

·      Revenue up 1.8% to £160.6m (2017: £157.8m)

·      Product gross margin at 62.9% (2017: 63.2%)

·      Statutory Profit before tax increased 18.4% to £11.3m (2017: £9.5m)

·      Earnings per share up 20.7% to 19.0p (2017: 15.8p)

·      Strong cash conversion with cash balance of £15.7m (2017: £11.8m)

·      Proposed final dividend raised 17.6% to 8.0p per share (2017: 6.8p per share)

·      Special dividend of 8.0p (2017: Nil)

·      Total dividend increased 91.2% to 19.5p per share (2017: 10.2p per share)

Companies mentioned

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