Next Fifteen Communications Group plc recommends final dividend of 8.4 pence per share

DividendMax Ltd.

Next Fifteen Communications Group plc recommends final dividend of 8.4 pence per share

The Next Fifteen Communications Group plc Board is recommending the payment of a final dividend for the year ended 31 January 2020 of 8.4p per share, which would represent a total dividend of 12p for the year. The final dividend represents an increase of 20% on the final dividend in the prior year.

Other financial highlights include:

  • Group net revenue growth of 36% to £362.1m and statutory revenue growth of 45%, aided by acquisitions
  • Organic net revenue growth of 26.1% with strong growth across all four of the Group’s segments
  • Adjusted profit before tax up 62% to £79.3m
  • Adjusted diluted earnings per share increased by 47% to 59.7p
  • Net cash generated from operations increased by 27% to £92.9m
  • Strong balance sheet with net cash of £35.7m at 31 January 2022

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