DiscoverIE Group announce an interim dividend pence per share

DividendMax Ltd.

DiscoverIE Group announce an interim dividend pence per share

The DiscoverIE Board is to declare an increase in the interim dividend of 6% to 3.55p per share (H1 2021/22: 3.35p per share). Since 2010, the annual dividend per share has more than doubled.

Other financial highlights include:

o Group sales up 23% CER with a book-to-bill of 1.08

o Group organic sales up 14% with growth across both divisions (M&C: +17%; S&C: +11%)

o Organic gross margins stable despite inflation headwinds

o Underlying operating profit up 42%

o Underlying EPS up 37%

Companies mentioned