CML Microsystems Plc has declared a final dividend payment of 6p (FY24: final dividend of 6p), taking the total dividend paid for the year ended 31 March 2025 to 11p (FY24: 11p). Subject to shareholder approval, the shares will go ex-dividend on 31 July 2025, and the dividend will be paid on 15 August 2025 to shareholders whose names appear on the register at the close of business on 1 August 2025.
During the year, CMl undertook a £0.90m share buyback (FY24: £1.8m) which, along with the dividend, demonstrates the Board's long-term confidence and its commitment to returning funds to shareholders and enhancing earnings where possible.
Other financial highlights include:
Revenues of £22.90m (FY24: £22.89m)
Profit from operations of £0.53m (FY24: £1.94m), impacted by higher costs from the full-year inclusion of MwT and the factory relocation
Profit before taxation of £0.88m (FY24: £2.52m) excluding exceptional items
Cash balances at period end of £9.92m (31 March 2024: net cash of £18.21m) following R&D cash spend of £5.50m, acquisition-related payments of £3.79m, dividend payments of £1.77m, a £0.60m investment in capex and share buybacks totalling £0.90m
