Robinson intends to pay an interim dividend of 2.5p per share to be paid on 14 October 2022 to shareholders on the register at 23 September 2022 (record date). The ordinary shares ex-dividend date is 22 September 2022.
The current intention of the Board is to pay a total dividend of 5.5p (2021: 5.5p) per share for the year ending 31 December 2022.
Other financial highlights include:
Revenue up 19.8% to £25.4m (2021: £21.2m)
Gross margin increased to 18.3% from 16.7% in H1 2021
Operating profit before exceptional items and amortisation of intangible assets increased to £1.5m (2021: £0.1m)
Profit before tax of £2.8m (2021: loss of £0.6m)
Exceptional items of £2.0m - including profit on sale of properties of £2.1m (2021: nil)
Net debt of £12.2m (31/12/2021: £13.1m), after net capital expenditure excluding disposal of properties of £1.1m, deferred consideration for the Schela Plast acquisition of £2.3m and proceeds on sale of property of £3.5m