FDM Group increases its 2017 interim dividend by 29%

DividendMax Ltd.

FDM Group increases its 2017 interim dividend by 29%

 

Strong trading and operational performance

·       Further geographic expansion, with North America Mountie revenue up 56%, APAC 137%, UK and Ireland 14% and EMEA 12%, against the corresponding period

·       Mounties assigned to client sites at week 26 were up 20% at 2,947

·       Mountie utilisation rate for the six months to 30 June 2017 was 96.7% (2016: 97.5%)

·       Strong client acquisition across the Group with, globally, 35 new clients secured in the period

·       Continued sector diversification, with 71% of new clients outside the financial services sector 

·       Online applications to join training programmes increased by 32% on the first half last year

·       741 training completions in the six months to 30 June 2017 (2016: 701)

·       Interim dividend per share of 12.0 pence, an increase of 29% (2016: interim dividend of 9.3 pence)

·       FDM Group (Holdings) plc entered the FTSE 250 in June 2017

 

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