The Solid State Board has decided to declare an increase in the interim dividend up 7.7% to 7p per share (H1 2022/23: 6.5p).
The interim dividend will be paid on 16 February 2024 to shareholders on the register at the close of business on 26 January 2024. The shares will go ex-dividend on 25 January 2024.
Other financial highlights include:
Delivered organic revenue growth in excess of 35% while maintaining operating margins at 9.2% (FY23 9.2%)
Strong cash generation results in net debt continuing to reduce to £3.9m (FY23 £8.1m)
Robust orderbook of £108.6m