Tyman Plc announced an interim dividend of 4.2 pence per share

DividendMax Ltd.

Tyman Plc announced an interim dividend of 4.2 pence per share

Tyman Plc announced an interim dividend of 4.2 pence per share will be paid on 9 September 2022 to shareholders on 5 August 2022. This represents growth of 5% compared to H1 2021. 

Other Financial Highlights:

• LFL revenue growth of 11% driven by pricing actions

• LFL adjusted profit decline of 1%, reflecting a lag in price recovery of further input cost inflation

• LFL adjusted operating margin decline reflected the dilutive impact of the pass-through of cost inflation

• Progress has been made with strategic initiatives, underpinned by Tyman Plc's sustainability performance

• Innovative sustainability-linked US Private Placement refinancing completed in H1

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