The S & U plc Board has proposed a final dividend of 57p per share (2021: 43p). This dividend is subject to the approval of shareholders at their AGM on 26 May 2022. This final dividend will be paid on 8 July to shareholders on the register on 17 June 2022.
Other financial highlights include:
Profit before tax (PBT): £47.0m (2021: £18.1m) - average PBT over 2 years of pandemic is therefore £32.6m pa (2020: £35.1m)
Revenue increased by 5% to £87.9m (2021: £83.8m)
Group amounts receivable from customers at year-end increased by 15% to £322.9m (2021: £280.9m)
Group impairment charge of £4.1m (2021: £36.7m)
Basic earnings per share: 312.8p (2021: 120.7p)
Net Borrowings at £113.6m (2021: £98.8m) - gearing at 54.9% (2021: 54.6%)
PBT: £43.7m (2021: £17.2m)
Total annual collections at £203.9m (2021: £180.5m)
Annual net advances: £140.9m (2021: £102.6m)
Net receivables at £259.0m (2021: £246.8m)
