Aveva increases interim 2012 dividend by 13%

DividendMax Ltd.

Aveva increases interim 2012 dividend by 13%

Off the back of a 15% revenue improvement from 2011, Aveva today delcared their interim dividend of 4.5p per share, up from a 4p dividend in 2011.

Their interim results show an 11% increase in earnings per share and an improved cash position.

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2012 

AVEVA Group plc ('AVEVA'; stock code : AVV), one of the world's leading providers of engineering data and design IT systems, today announces its interim results for the six months ended 30 September 2012.

Financial highlights

 

2012

2011

% Change

Revenue

£97.6m

£85.2m

15%

Adjusted* profit before tax

£28.7m

£26.1m

10%

Profit before tax

£25.8m

£23.8m

8%

Adjusted* profit before tax margin

29.4%

30.6%

 

Basic earnings per share

27.03p

24.46p

11%

Adjusted* basic earnings per share

30.19p

26.98p

12%

Net cash

£166.4m

£157.5m

6%

Interim dividend per share

4.5p

4.0p

13%

Companies mentioned