Smart Metering Systems Plc announce a 33.275p per share dividend, which is intended in respect of FY 2023. This is expected to be settled in four equal quarterly instalments.
Other financial highlights include:
ILARR of £110.0m at 30 June 2023, up 13% on year-end (31 December 2022: £97.1m) and up 18% on the prior period (30 June 2022: £93.1m)
Revenue up 26% to £79.3m (H1 2022: £62.7m)
Pre-exceptional EBITDA up 24% to £36.1m (H1 2022: £29.1m)
Underlying profit before taxation up 9% to £11.2m (H1 2022: £10.3m)
Net debt at 30 June 2023 of £96.3m (30 June 2022: net cash of £38.6m)
