Tyman Plc announced an interim dividend of 4.2 pence per share will be paid on 9 September 2022 to shareholders on 5 August 2022. This represents growth of 5% compared to H1 2021.
Other Financial Highlights:
• LFL revenue growth of 11% driven by pricing actions
• LFL adjusted profit decline of 1%, reflecting a lag in price recovery of further input cost inflation
• LFL adjusted operating margin decline reflected the dilutive impact of the pass-through of cost inflation
• Progress has been made with strategic initiatives, underpinned by Tyman Plc's sustainability performance
• Innovative sustainability-linked US Private Placement refinancing completed in H1