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%