Synectics increases its 2018 interim dividend by 20%

DividendMax Ltd.

Synectics increases its 2018 interim dividend by 20%

Headlines

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Revenue up 3% to £34.7 million (2017: £33.7 million)

 

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Order book up 18% since the year end to £28.8 million

 

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Underlying profit1 up 12% to £1.5 million (2017: £1.3 million)

 

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Profit before tax £1.5 million (2017: £1.3 million)

 

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Underlying diluted EPS1 5.9p (2017: 6.2p) due to higher forecast tax rate

 

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Diluted EPS 5.9p (2017: 6.1p)

 

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Strong cash generation and net cash of £9.1 million at 31 May 2018 (2017: £1.8 million)

 

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Interim dividend increased to 1.2p (2017: 1.0p)

Companies mentioned