TheTristel PLC Board is recommending an interim dividend of 2.62 pence (2019: 2.34 pence), an increase of 12%. The interim dividend will be paid on 30 April 2021 to shareholders on the register on 9 April 2021, with an ex-dividend date of 8 April 2021.
Other financial highlights include:
Revenue up 15% to £16.8m (2019: £14.6m)
Overseas sales up 20% to £10m (2019: £8.3m), representing 60% of total sales (2019: 56%)
Gross margin increased to 80% from 79% in 2019
PBT before share-based payments up 13% to £3.4m (2019: £3.0m). Unadjusted PBT of £3.1m (£2.8m)
EPS before share-based payments up 5% to 6.18p (2019: 5.89p). Unadjusted EPS of 5.62p (2019: 5.37p)
EBITDA before share-based payments up 14% to £4.9m (2019: £4.3m)
EBITDA margin before share-based payments of 29% (2019: 29%)
Cash of £7.3m (2019: £4.2m)
