The Yougov Board is recommending the payment of a final dividend of 7.0p per share for the year ended 31 July 2022. If shareholders approve the dividend at the AGM (scheduled for 8 December 2022), it will be paid on Monday 12 December 2022 to all shareholders who were on the Register of Members at close of business on Friday 2 December 2022.
Other financial highlights include:
Revenue growth of 31% (20% on an underlying basis) to £221.1m, with double-digit growth across all divisions and geographies.
Adjusted operating profit1 up by 42% (33% on an underlying basis) to £36.3m, as business efficiencies and operational leverage benefits are starting to come through.
Adjusted operating profit margin up 130 basis points (bps) to 16.4%, despite continued investment in the business.
Statutory operating profit up 58% to £30.0m.
Adjusted earnings per share up by 9% to 23.7p, impacted by adverse foreign exchange movements.
Strong cash conversion of 113% (FY21: 98%) enabling repayment of the £20.0m revolving credit facility drawn in the first half of this financial year.
Robust balance sheet position maintained with net cash at period end of £37.4m (31 July 2021: £35.5m) and no outstanding debt.
