Restore Plc has proposed a final dividend of 4.7 pence per share

DividendMax Ltd.

Restore Plc has proposed a final dividend of 4.7 pence per share

The Restore Plc Board is recommending a final dividend of 4.7 pence per share, which is payable on 8 July 2022. 

Other financial highlights include:

Revenue up +28% to £234.3 million (2020: £182.7 million)

Adjusted profit before taxation up +64% to £38.1 million (2020: £23.2 million) and operating margin increasing from 18.5% in H1 to 20.7% in H2 

Statutory profit before tax up 475% to £23.0 million 

Strong Cash conversion at 85% with closing net debt at £100.8 million and leverage of 1.8x

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