Caffyns Plc have declared an interim dividend of 5.0 pence per Ordinary share (2022: 7.5 pence per Ordinary share). This will be paid on 12 January 2024 to shareholders on the register at close of business on 15 December 2023. The Ordinary shares will be marked ex-dividend on 14 December 2023.
Other financial highlights include:
Underlying profit before tax of £0.26 million (2022: £1.57 million)
Profit before tax of £0.04 million (2022: £1.56 million)
Like-for-like revenue increase of 13% (see note 2 below)
Underlying basic earnings per share of 7.1 pence (2022: 47.3 pence)
Basic earnings per share of 1.1 pence (2022: 47.0 pence)
Net bank borrowings at 30 September 2023 of £9.5 million (2022