Ricardo increases its 2017 interim dividend by 7%

DividendMax Ltd.

Ricardo increases its 2017 interim dividend by 7%

HIGHLIGHTS

Another record order book of £244m following strong order intake in the second quarter

Good order intake, up 11% to £181m

Reported revenue up 6%

Dividend up 7%, reflecting growth in underlying basic earnings per share

Net debt of £47.0m after £3.7m of net acquisition expenditure

Acquisition of Motorcycle Engineering Italia (Exnovo) completed in the period and all prior acquisitions performing well, and

Our progress on diversification across geographies and sectors provides a good platform for continued growth

Companies mentioned