Renew Holdings Plc has declared an interim dividend of 6.33p (HY23: 6.00p) per share. This represents a 5.5 per cent increase on the last interim dividend paid. This will be paid on 10 July 2024 to shareholders on the register as at 7 June 2024, with an ex-dividend date of 6 June 2024.
Other financial highlights include:
Group order book development to £898m (HY23: £890m)
Strong organic revenue growth of 16.9% driven by the differentiated nature of their high-quality, low-risk business model, alongside the continued strong demand in their end markets
Equally strong operating profit growth demonstrates robustness of their operating model and quality of earnings
Robust net cash (pre-IFRS16) position of £42.5m (HY23: £17.0m)
