An interim dividend of 2.6p (H1 FY23: 2.4p) will be paid on 2 February 2024 to shareholders on the register on 4 January 2024. The interim dividend represents one third of the prior year total dividend reflecting our previously communicated methodology. The full year dividend will be announced with our full year preliminary results in May 2024.
Other Financial Highlights:
Orders up 19% at a record-high of £953m, up 2% organically, with a book-to-bill of 1.3x
-Revenue is up 31%, 19% on an organic basis
-Underlying operating profit is up 35%, 25% on an organic basis, with improved margin at 11.3%
-Cash conversion at 50% due to short-term timing and on-track to deliver FY guidance
-Statutory operating profit of £91m, H1 FY23 higher due to temporary FX related to Avantus
