The Restore Plc Directors declare an interim dividend of 2.2p per share (H1 2024: 2.0p). The estimated dividend to be paid is £3.0m (H1 2024: £2.8m) and will be paid on 22 October 2025 to shareholders on the register on 19 September 2025.
Other financial highlights include:
Group revenue of £160.1m, up 15%, principally attributable to acquisitions made during the period, with the high proportion of recurring storage income in Information Management continuing to support overall revenue.
Adjusted operating margin increased 80bps to 17.7% (H1 2024: 16.9%), reflecting actions to improve profitability and continued progress towards 20% medium-term target.
Adjusted profit before tax increased 10% to £18.0m (H1 2024: £16.3m), with adjusted basic EPS up 11% to 10.0p (H1 2024: 9.0p).
Free cashflow of £22.3m (H1 2024: £14.9m), with cash conversion of 117% (H1 2024: 84%). Leverage at 1.9x following acquisition-related increase in net debt.
