Robinsons Plc are to pay an interim dividend of 2.5p per share to be paid on 13 October 2023 to shareholders on the register at 22 September 2023 (record date). The Board is to pay a total dividend of 5.5p (2022: 5.5p) per share for the year ending 31 December 2023.
Other financial highlights include:
Revenue down 4.3% to £24.3m (2022: £25.4m)
Gross margin in line with the prior year at 18% (H1 2022: 18%)
Operating profit before exceptional items and amortisation of intangible assets reduced to £0.5m (2022: £1.5m)
Exceptional costs of £0.5m (2022: profit of £2.0m) - included profit on sale of properties of £2.1m in 2022
Loss before tax of £0.9m (2022: profit of £2.8m)
Net debt of £9.0m (31/12/2022: £9.2m), after capital expenditure of £1.1m and proceeds on sale of property of £0.7m
