Dividend
- Due to the current challenging trading backdrop, the Board has taken the difficult but prudent decision to reduce the dividend, proposing a final dividend of 14.0p per share giving a total dividend of 21.0p per share for the year.
- This final dividend, subject to shareholder approval at the Company's AGM on 29 May 2026, will be paid on 4 June 2026 to shareholders on the register on 1 May 2026. Their aim is to return to increasing dividends year on year as the company returns to growth.
Other Financial Highglights
- Financial Overview: Revenue £76.3m (2024: £78.3m), Profit before tax £6.0m (2024: £8.5m), Cash and cash equivalents £10.8m (2024: £10.1m), EBITDA £9.4m (2024: £11.7m)
- Robust cash generation of £0.7m, delivered through disciplined working capital and operational controls. Inventory reduction of £2.0m, improving agility and strengthening the balance sheet.
