Wynnstay Group have proposed a final dividend of 11.60p

DividendMax Ltd.

Wynnstay Group have proposed a final dividend of 11.60p

Record results reflect a strong trading performance and substantial one-off gains arising from macroeconomic events (which management does not believe will be repeated)

Revenue up 42% to £713.03m (2021: £500.39m), primarily the impact of commodity inflation

Underlying Group PBT (incl. one-off gains) up 98% to £22.61m (2021: £11.44m)

Reported pre-tax profit up 92% to £21.12m (2021: £10.99m)

Basic EPS up 86% to 82.72p (2021: 44.40p)

Net cash up 53% to £14.15m (31 Oct 2021: £9.24m)

Net assets up 24% to record £130.70m or £6.31 per share (2021: £105.72m /£5.25 per share)

Successful £10.3m (net) equity placing in August 2022 supports ongoing growth plans

 

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