Argentex Group PLC announce an interim dividend 0.75p per share

DividendMax Ltd.

Argentex Group PLC announce an interim dividend 0.75p per share

The Argentex Board is pleased to declare an interim dividend of 0.75p per share (HY 21 : nil) in line with the Group's dividend policy. The interim dividend will be payable on 8 January 2022 to shareholders on the register at 10th December 2021. The ex dividend date will be 9th December 2021.

Other financial highlights include:

Gross Foreign Exchange ("FX") Turnover: £8.3bn (HY 21: £5.0bn) - up 67%

Revenue: £15.7m (HY 21: £11.8m) - up 33%

Underlying Operating Profit: £4.7m (HY 21: £3.7m) - up 27%

Underlying Operating Profit Margin: 29.9% (HY 21: 31.4%)

Profit after tax: £3.3m (HY 21: £2.7m) - up 22%

Highly cash generative, with 79% of revenue converting to cash in 3 months or less

Earnings per share: 3.0p (basic); 3.2p (underlying) (HY 21: 2.4p (basic); 2.5p (underlying))

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