Highlights
- Group revenue ahead of prior year, up 3% at £177.9 million
- EBITDA ahead of prior year, up 3% to £37.2 million
- Interim dividend up 10%
- Minimum dividend commitment for next two years
- Growth in focus areas demonstrates progress in strategy
o Kcom segment revenue up 4%
o KC brand revenue up 2%
- 3% decline in Group profit before tax and exceptional items reflects higher depreciation and amortisation consistent with increased investment
The Board reconfirms its commitment to increasing the dividend by 10% per annum until March 2016.
Reflecting its continued confidence in the outlook for the business, the Board is pleased to make a commitment to delivering a full year ordinary dividend of at least 6.0 pence per share for each of the financial years ending 31 March 2017 and 2018.