Knights Group Holdings announce an interim dividend of 1.53p

DividendMax Ltd.

Knights Group Holdings announce an interim dividend of 1.53p

The Knights Group Holdings Board is proposing an interim dividend of 1.53p per share. The dividend will be payable on 17 March 2023 to shareholders on the register at 17 February 2023.

Current trading and outlook

Other financial highlights include:

Revenue increased by 19% to £71.2m (HY 2022: £59.7m)

Underlying PBT up 19% to £9.0m (HY 2022: £7.6m); underlying PBT margin of 12.6% (HY 2022: 12.6%)

Basic underlying EPS increased to 8.26p (HY 2022: 6.98p). Basic EPS 3.46p (HY 2022: loss of 2.03p)

Lock up, excluding impact of Coffin Mew acquisition, was 98 days, 103 including Coffin Mew (HY 2022: 99 days)

Cash conversion of 57% (HY 2022: 105%)

Net debt of £35.6m (30 April 2022: £28.9m), in line with the Board's expectations

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