The Zotefoams Board remains confident in the cash generation of the business and has approved an interim dividend of 2.63p per share (HY 2025: 2.50p), an increase of 5.2%. The interim dividend will be paid on 5 October 2026 to shareholders on the Company's register at the close of business on 4 September 2026.
Other financial highlights include:
Revenue up 23% to £95.2m (HY 2025: £77.4m), representing constant currency growth of 24% and organic revenue growth, excluding acquisitions, of 4%, 6% at constant currency:
EMEA revenue up 20% to £73.6m (HY 2025: £61.4m) including a £14.8m contribution from Overseas Konstellation Company ("OKC")
North America revenue up 29% to £18.7m (HY 2025: £14.5m)
Asia revenue up 107% to £2.9m (HY 2025: £1.4m)
Improved margins deliver strong H1 profit performance:
Gross margin up 100 bps to 35.6% (HY 2025: 34.6%)
Adjusted operating profit up 34% to £16.3m (HY 2025: £12.2m); adjusted operating margin up 130 bps to 17.1% (HY 2025: 15.8%).
Adjusted profit before tax up 34% to £15.3m (HY 2025: £11.4m).
Statutory profit before tax up 23% to £14.0m (HY 2025: £11.4m), including adjusting items of £1.3m.
Adjusted Basic earnings per share up 29% to 25.70p (HY 2025: 19.99p)
Basic earnings per share of 23.60p (HY 2025: 19.99p)
Strong balance sheet:
Net debt (covenant basis) £39.1m (HY 2025: £21.1m; FY 2025: £31.5m); leverage 0.98x (HY 2025: 0.68x).
New £90m multi-currency revolving credit facility (from £50m); liquidity headroom £50.2m.
(HY 2025: 2.50p).
