The James Halstead Board proposes, subject to the approval of the shareholders at the upcoming AGM, to pay a record final dividend. The final dividend will be 11.0p (2020: 10.0p). This, combined with the interim dividends paid in June of 4.25p (2020: 4.25p), makes a total of 15.25p (2020: 14.25p) for the year, an increase of 7.0%.
Other financial highlights include:
Revenue at £266.4 million (2020: £238.6 million) - up 11.6%
Profit before tax £51.3 million (2020: £43.9 million) - up 16.9%
Earnings per 5p ordinary share of 19.2p (2020: 16.5p) - up 16.4%
Cash £83.3 million (2020: £67.4 million)