The RPS Group plc Board has declared a final dividend of 0.44p per share (£1.2m) (2020: nil) which will be paid on 20 May 2022 to holders of ordinary shares on the Company's register of members at the close of business on 22 April 2022, subject to approval at the Annual General Meeting on 26 April 2022. This aligns with RPS Group's recently announced capital allocation policy and reflects the Board's desire to return to paying dividends to shareholders balanced with the need to retain capital in the business to capitalise on organic and acquisitive growth opportunities.
Other financial highlights include:
Adjusted Operating Profit growth of 40% and margin improved to 5.9% (2020: 4.5%, 4.4% at constant currency)
Statutory profit before tax of £12.4m (2020: loss £31.3m)
Net bank borrowings of £13.5m at 31 December 2021 (31 December 2020: £10.8m)
Net debt to EBITDAS leverage of 0.6x at 31 December 2021 (31 December 2020: 0.7x)
