Likewise Group Plc announce a proposed Final Dividend of 0.25 pence per Ordinary Share

DividendMax Ltd.

Likewise Group Plc announce a proposed Final Dividend of 0.25 pence per Ordinary Share

Likewise Group Plc announce a final Dividend payment of 0.25 pence per ordinary share (FY22: 0.20 pence per ordinary share).

This makes the total dividend paid in the year of 0.35 pence per ordinary share (2022: 0.20 pence per ordinary share). This is a 75% increase on the FY22 Total Dividend,  The final dividend, if approved by shareholders at the AGM, will be paid on 5 July 2024 to shareholders on the register at the close of business on 31 May 2024, the ex-dividend date being 30 May 2024.

Other financial highlights include:

Group Sales increased 12.9% to £139.5 million (FY22: £123.6 million)

Underlying EBITDA of £7.9 million (FY22: £6.6 million)

Following further investment in infrastructure, Underlying Profit Before Tax of £2.32 million (FY22: £2.56 million)

Completion of All Deferred Consideration Payments of £4.3 million post year end

During April 2024 the Group processed its first £1 million order intake in a single day

Group Sales to the end of April 2024 increasing by 8.7% and Sales in Likewise Branded businesses increasing by 15.3% compared with the prior year

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