Next Fifteeen Communications have announced an interim dividend of 3.6p

DividendMax Ltd.

Next Fifteeen Communications have announced an interim dividend of 3.6p

Next Fifteeen Communications have announced an interim dividend of 3.6p (six months ended 31 July 2020: nil) per ordinary share will be paid on 26 November 2021 to shareholders listed on the register of members on 29 October 2021. Shares will go ex-dividend on 28 October 2021. The last date for DRIP elections to be returned to the registrar is 5 November 2021.

Other financial highlights include:

  • Group net revenue growth of 32% to £165.9m (2020: £126.2m)
  • Organic net revenue growth of 23%
  • Adjusted profit before tax up 69% to £35.0m (2020: £20.7m)
  • Adjusted diluted earnings per share increased by 51% to 26.3p (2020: 17.4p)
  • Statutory revenue growth of 36% to £208.8m (2020: £153.1m)
  • Statutory operating profit of £14.9m, up from a loss of £0.4m
  • Strong balance sheet with net cash of £6.6m (2020: net debt of £5.0m)
  • Successful refinancing, providing up to £100m of debt capacity to fund further acquisitions and capital investment
  • Significant client wins including Boots, Citibank, Diageo and Disney+
  • Acquisitions of Shopper Media Group (“SMG”) and a controlling interest in Blueshirt Capital Advisers (“BCA”), both of which have performed strongly in the first half
  • Acquisition of business and assets of MSI International East Inc (“MSI”) by the US arm of Savanta

Companies mentioned