The S & U plc directors recommend a first interim dividend of 35.0p per share (H1 2024: 30.0p). The dividend will be paid on the 21 November 2025 to shareholders on the register on the 31 October 2025. The shares will be quoted ex dividend on 30 October 2025.
Other financial highlights include:
Revenue: £51.8m (H1 2024: £60.4m)
Profit before tax: £15.6m (H1 2024: £12.8m)
Net group receivables: £426.8m (31 July 2024: £475.4m)
Group impairment charge of £8.1m (H1 2024: £18.9m)
Group net finance costs at £6.6m (H1 2024: £9.6m)
Basic earnings per share: 95.5p (H1 2024: 78.6p)
Net Borrowings at £180.0m (31 July 2024: £239.6m) - gearing at 75% (31 July 2024: 103%)
