Next 15 Group Plc Declared Final Dividend of 10.1p per share

DividendMax Ltd.

Next 15 Group Plc Declared Final Dividend of 10.1p per share

The Board is recommending the payment of a final dividend for the year ended 31 January 2023 of 10.1p per share, which would represent a total dividend of 14.6p for the year. The final dividend represents an increase of 20% on the final dividend in the prior year.

Other Financial Highlights: 

  • Group net revenue growth of 56% to £563.8m and statutory revenue growth of 53%, aided by acquisitions
  • Organic net revenue growth of 20.7% with strong growth across all segments
  • Adjusted profit before tax up 42% to £112.5m
  • Statutory operating profit up 68% to £67.2m
  • Adjusted diluted earnings per share increased by 35% to 80.4p
  • Strong balance sheet with net cash of £26.1m at 31 January 2023
  • Significant new client wins and expanded assignments with Morrisons, BiC and Mercedes-Benz
  • Completed seven acquisitions, including the acquisition of Engine Acquisition Limited (“Engine”) in March 2022 for consideration of £67.3m, which has since been successfully integrated into the Group
  • Mach49 entered into a five-year strategic alliance with a global technology and digital company, total fees over the initial life of the contract expected to be in excess of $400m

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