The Cerillion PLC Board is pleased to declare an increased interim dividend of 4.8p per share (H1 2024: 4.0p), a 20% rise year-on-year. The interim dividend will become payable on 20 June 2025 to shareholders on the Company's register as at the close of business on the record date of 30 May 2025. The ex-dividend date is 29 May 2025.
Other financial highlights include:
Revenue decrease of 7% to £20.9m (H1 2024: £22.5m), largely driven by the weighting of expected licence renewals/extensions shifting to H2 2025, compared to FY 2024 when the majority of renewals/extensions occurred in H1
Recurring revenue in period up 8% to £8.2m (H1 2024: £7.6m), mainly reflecting higher support and maintenance revenue
Back-order book up 7% to £50.2m at 31 March (31 March 2024: £47.1m) and up 23% as at 30 April 2025 to £56.5m (30 April 2024: £45.8m)
Lower first-half profitability mainly reflected lower revenue, but adjusted EBITDA margin remained strong at 47.7% (H1 2024: £48.9%)
New orders 3% lower at £19.6m (H1 2024: £20.2m)
New customer pipeline up 3% to £261m (H1 2024: £254m)
Balance sheet remains strong, with net cash up 17% to £31.2m (31 March 2024: £26.6m)
