Red 24 increases its 2016 final dividend by 11%

DividendMax Ltd.

Highlights:

·       Revenue increased by 11% to £6,614,524 (2015: £5,947,246)

·       Adjusted profit before tax up 10% to £1,005,732 (2015: £915,170)

·       Completion of first acquisition - RISQ Worldwide

·       Cash balances down 17% to £2,830,585 (2015: £3,417,956)

·       Final dividend increased by 11% to 0.30p per share (2015: 0.27p).

·       Adjusted* basic EPS up 22% to 1.79p (2015: 1.50p)

·       Basic earnings per share down 45% to 1.00p (2015: 1.83p)