The Next Fifteen Board has resolved to pay an interim dividend of 2.5p per share, which is a 15.7% increase on the interim dividend for last year. This will be paid on 22 November 2019 to shareholders whose names appear on the register of members at close of business on 25 October 2019.
Other financial highlights include:
- Group net revenue growth of 11%
- Adjusted profit before tax up 14% to £17.2m
- Adjusted diluted earnings per share increased by 7% to 15.2p
- Net cashflow inflow from operation increased to £19.3m (2018: £7.7m)
- Strong balance sheet with net debt of £3.6m (2018: £25.6m)
- Significant client wins including M&S, O2 and Purplebricks
- Acquisition of Health Unlimited, a NY based healthcare agency, for M Booth
- Confident of meeting market expectations for this year and return to high single digit organic growth in the next financial year
