The Begbies Traynor Group board is to recommend (subject to shareholder approval at the company's annual general meeting scheduled for 18 September 2025) an 8% increase in the total dividend for the year to 4.3p (2024: 4.0p), representing their eighth consecutive year of dividend growth. This comprises the interim dividend already paid of 1.4p (2024: 1.3p) and a proposed final dividend of 2.9p (2024: 2.7p).
Other financial highlights include:
Revenue growth of 12% (10% organic, 2% acquired)
Adjusted EBITDA growth of 11%
Proposed 8% increase in dividend represents the eighth consecutive year of dividend growth
o Reflects board's confidence in the business and its prospects and progressive dividend policy
Robust financial position and significant levels of headroom in committed bank facilities
o Free cash flow increased by 56%, better than expected
o Net cash position of £0.9m (2024: net debt of £1.4m) having made acquisition and earn out payments of £9.4m, funded £1.6m of share buybacks and paid dividends of £6.3m
o Well placed to continue investing in successful organic and acquisitive growth strategy
