GlobalData Plc announce an interim dividend of 0.3 pence per share (HY 2024: 1.5 pence). The amount is reflective of the rebased dividend that was announced by the Board as part of interim reporting in 2024. The dividend paid over the 12 month period will total £10m. The Group will operate a progressive dividend policy following this dividend. The interim dividend will be paid on 3 October 2025 to shareholders on the register at the close of business on 5 September 2025. The ex-dividend date will be on 4 September 2025.
Other financial highlights include:
Overall revenue growth of 12% to £156.5m (HY24: £139.6m).
Underlying revenue growth flat at 1% reflecting the transformation and investments in sales go-to-market and corporate infrastructure, alongside macro-economic headwinds. Some evidence of momentum building through the second quarter.
Contracted Forward Revenue grew 10% to £157.4m (HY24: £142.9m), reflecting underlying growth of 3% and providing strong visibility for the remainder of FY25 and beyond.
Investments ahead of sales growth have reduced underlying Adjusted EBITDA margin to 38% (2024: 41%), with the phasing of costs to deliver synergies from recent acquisitions and foreign currency impact further reducing Adjusted EBITDA to £52.1m and Adjusted EBITDA margin to 33% (HY24: £57.8m). They expect to return to a normalised margin through the second half.
o Starting to see the early benefits from sales reorganisation with increased focus on strategic accounts.
o FY24 acquisitions are generating the associated cost synergies as planned and are expected to provide £8.0m of Adjusted EBITDA contribution through the second half of the year.
Operating profit declined to £28.5m (HY24: £37.8m) having been impacted by acquisition and integration expenses.
Operating cash flow conversion was 127% of Adjusted EBITDA for the half (HY24: 130%).
Tender offer of up to £60.0m to be launched on 5 August 2025 at £1.50 per share as the Board seeks to return surplus capital to shareholders. This follows a total share buyback and cancellation of £39.7m during the first half under the previously announced share buyback programmes (HY24: £nil).
