The FRP Advisory Board have declared an interim dividend for Q2 2022 of 0.8p per eligible share. This dividend will be paid on 25 March 2022 to shareholders on the Company's register on 25 February 2022, with an ex-dividend date of 24 February 2022. This dividend takes the total for H1 2022 to 1.6p per eligible share (H1 2021: 1.6p).
Other financial highlights include:
Revenue for H1 2022 increased 25% on the prior period to £44.7 million, 8% on an organic basis (H1 2021: £35.9 million).
Underlying adjusted EBITDA up 14% to £11.1 million (H1 2021: £9.7 million).
Adjusted PBT up 14% to £10.0 million (H1 2021: £8.8 million).
Strong balance sheet with net cash at 31 October 2021 of £9.2 million (H1 2021: £15.4 million). and an undrawn committed revolving credit facility ("RCF") of £10 million
Adjusted EPS of 3.24p (H1 2021: 2.96p).Basic EPS of 1.84p, (H1 2021: 2.48p),
