ScS announces a maintained interim dividend of 5.50p per share

DividendMax Ltd.

ScS announces a maintained interim dividend of 5.50p per share

The Group has continued to generate strong cash flows, deliver growth and build a balance sheet of increasing resilience. As a consequence, the Board has announced an interim dividend of 5.50p per ordinary share (2019: 5.50p). This dividend will be payable on 7 May 2020 to shareholders on the register on 17 April 2020. The ex-dividend date is 18 April 2020. 

Other financial highlights include:

Gross sales increased 0.5% to £160.1m (2019: £159.2m)

Gross profit increased 0.3% to £71.7m (2019: £71.5m)

Underlying EBITDA from continuing operations, on a comparable pre-IFRS 16 basis, improved by £0.4m to £3.8m (2019: £3.4m)

Strong balance sheet with cash of £61.5m (2019: £62.5m)

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