The DWF Board have proposed ab final dividend per share of 0.75p taking the total proposed dividend for FY20 to 3.25p.
Other financial highlights include:
-10.9% increase in Group revenue from £268.1m to £297.2m, despite significant Q4 COVID-19 impact
-Underlying organic revenue growth of 2.0%, with Q4 driving down expected performance
-Underlying Adjusted EBITDA (pre-IFRS 16)3 of £21.8m, decreased by 21.6% (FY 2019: £27.8m) as COVID-19 impact came too late in the year to mitigate revenue shortfall
-Reported PBT of £18.2m (FY 2019: £13.0m) an increase of 39.6%
-Increase largely due to adjustments relating to acquisitions
-Underlying Adjusted PBT of £13.8m (FY 2019: £20.3m), a decline of 32.4% due to COVID-19
-Adjusted diluted EPS5 of 3.0p (FY 2019: 7.1p)
-Reported diluted EPS of 3.8p (FY 2019: 4.5p)
-Closing net debt of £64.9m (FY 2019: £35.3m), reflecting COVID-19 impact and lockup days which peaked at 206 in April but have since reduced
