A final dividend in respect of the year ended 31 December 2022 of 2.50p per share (2021: 2.00p), amounting to a payment of £663,000 (2021: £520,000) is to be proposed at the Annual General Meeting on 14 June 2023.
In the year the Group paid an interim dividend of 1.25p per share (2021: 1.00p) totalling £324,000 (2021: £260,000).
Other Financial Highlights:
- Strong revenue growth of 13% to £69.2m (2021: £61.3m)
- 5% increase in operating profit to £5.5m (2021: £5.2m) ahead of original market expectation
- Has sold in excess of 1,000 businesses during the year
- PFS performance ahead of pre pandemic revenue levels
- SISS division largely re-established business as usual - although not yet back to 2019 levels
- Earned revenues to replace £2.6m of government support that were received in 2021
- Balance sheet significantly strengthened
- Elimination of pension deficits on both defined pension schemes - which are now in surplus
- 56% improvement in net funds to £7.2m (2021: £4.6m)
