The Robinson PLC Board proposes a final dividend of 3.0p per share to be paid on 15 July 2022 to shareholders on the register at the close of business on 1 July 2022. The ordinary shares become ex-dividend on 30 June 2022. This brings the total dividend declared for 2021 to 5.5p (2020: 8.5p including the deferred final dividend for 2019).
Other financial highlights include:
Revenue up 24% to £46.0m (2020: £37.2m)
Gross margin decreased to 17% from 23% in 2020
Operating profit before amortisation of intangible assets and exceptional costs down 56% to £1.2m (2020: £2.7m)
Loss before tax of £0.1m (2020: profit £1.8m)
Net debt of £13.1m (2020: £6.9m), after net capital expenditure of £3.9m and Schela Plast acquisition
