Tristel announce an interim dividend of 2.62p per share to be paid to shareholders on the register on 8 April 2022. The associated ex-dividend date is 7 April 2022.
Other financial highlights include:
Underlying revenues up 5% to £14.5m (H1 21: £13.8m) and 17% higher than pre-pandemic H1 20
o Reported revenues down 7% to £13.6m (H1 21: £14.7m)
Gross margin of 83% (H1 21: 83%) against 53% for Discontinued products
Reported EBITDA of £2.4m (H1 21: £3.6m)
o Adjusted† EBITDA of £3.3m (H1 21: £3.9m)
Reported EBITDA margin of 18% (H1 21: 25%)
o Adjusted EBITDA margin 24% (H1 21: 26%)
Reported Profit before tax of £1m (H1 21: £2.4m)
o Adjusted Profit before tax of £1.9m (H1 21: £2.6m)
Diluted EPS 2.5p (H1 21: 3.96p)
Cash generated from operations £3.4m (H1 21: £4.2m)
Cash of £8.8m (H1 21: £7.3m)
Write down of intangible assets associated with Discontinued operations of £2.4m
Revenue from Discontinued operations £1.5m (H1 21: 2.0m) down 27%
