The ScS Group has paid an interim dividend of 4.5p in May 2022 (2021: 3.0p). The Board is confident in the outlook for the Group and proposes a final dividend of 9.0p (2021: 7.0p). If approved, this would give a full-year dividend of 13.5p (2021: 10.0p). The final dividend, if approved, will be paid on 9 December 2022 to shareholders on the register on 11 November 2022. The ex-dividend date is 10 November 2022.
Other financial highlghts include:
Strong financial performance in the year with record delivered sales
Maintained gross margin at pre-pandemic levels despite inflationary cost pressures
Underlying profit before tax excluding business rates relief of £13.8m, £5.6m higher than FY21
Strong balance sheet with cash of £70.8m (2021: £87.7m)