Next Fifteeen Communications have announced an interim dividend of 3.6p (six months ended 31 July 2020: nil) per ordinary share will be paid on 26 November 2021 to shareholders listed on the register of members on 29 October 2021. Shares will go ex-dividend on 28 October 2021. The last date for DRIP elections to be returned to the registrar is 5 November 2021.
Other financial highlights include:
- Group net revenue growth of 32% to £165.9m (2020: £126.2m)
- Organic net revenue growth of 23%
- Adjusted profit before tax up 69% to £35.0m (2020: £20.7m)
- Adjusted diluted earnings per share increased by 51% to 26.3p (2020: 17.4p)
- Statutory revenue growth of 36% to £208.8m (2020: £153.1m)
- Statutory operating profit of £14.9m, up from a loss of £0.4m
- Strong balance sheet with net cash of £6.6m (2020: net debt of £5.0m)
- Successful refinancing, providing up to £100m of debt capacity to fund further acquisitions and capital investment
- Significant client wins including Boots, Citibank, Diageo and Disney+
- Acquisitions of Shopper Media Group (“SMG”) and a controlling interest in Blueshirt Capital Advisers (“BCA”), both of which have performed strongly in the first half
- Acquisition of business and assets of MSI International East Inc (“MSI”) by the US arm of Savanta
