The CML Microsystems plc Board is recommending an unchanged half year dividend of 5.0p per share (H1 FY23: 5.0p per share), payable on 12 January 2024 to shareholders on the Register on 22 December 2023, with an ex-dividend date of 21 December 2023.
Other financial highlights include:
Revenue increased by 5% to £10.58m (H1 FY22: £10.05m)
Profit from operations, excluding the £0.30m of external costs incurred in this half relating to the MwT acquisition, increased by 9% to £1.90m (H1 FY23: £1.75m)
Diluted EPS decreased to 9.31p (H1 FY22: 11.58p) on higher tax charge
Strong cash balances at period end of £20.95m (31 March 2023: net cash of £22.26m), a reduction of £1.31m after a £1.75m spend on share buybacks and £0.9m on dividend payments
