The Board is recommending a final dividend of 7.35 pence per share (2021: 7.0 pence) making a total of 10.5 pence per share for the year (2021: 10.0 pence), an increase of 5%. This dividend, payable on 28 July to shareholders on the register on 14 July, reflects the Board's continued confidence in the Group and its ability to generate cash.
Other Financial Highlights:
- 1% decrease in revenue to £33.1m (2021: £33.4m).
- 25% decrease in adjusted EBITDA to £5.2m (2021: £7.0m).
- 35% decrease in profit before tax to £3.7m (2021: £5.7m).
- Basic earnings per share down 30% to 16.13p (2021: 22.92p).
- Diluted adjusted earnings per share down 28% to 16.67p (2021: 23.01p).
- Cash and bank deposit balances of £13.6m at the year-end (2021: £15.5m).