Porvair PLC announce an interim dividend increased 0.1 pence per share to 1.9 pence

DividendMax Ltd.

Porvair PLC announce an interim dividend increased 0.1 pence per share to 1.9 pence

The Porvair PLC Directors have declared an interim dividend of 1.9 pence (2021: 1.8 pence) per share to be paid on 26 August 2022 to shareholders on the register at the close of business on 22 July 2022; the ex-dividend date is 21 July 2022.

Other financial highlights include:

Revenue 18% higher at £82.3 million (2021: £69.7 million), 16% higher on a constant currency basis.

Operating profit 9% higher at £10.1 million (2021: £9.3 million). 

Adjusted operating profit 14% higher at £10.4 million (2021: £9.1 million).

Profit before tax 7% higher at £9.5 million (2021: £8.9 million).

Adjusted profit before tax 14% higher at £9.8 million (2021: £8.6 million).

Adjusted basic earnings per share were 16.6 pence (2021: 14.8 pence).

Basic earnings per share were 16.1 pence.

Net cash was £12.2 million (31 May 2021: £6.2 million; 30 November 2021: £10.2 million) after investing £2.3 million (2021: £2.0 million) in capital expenditure.

Companies mentioned