The Johnson Service Group Plc Board declared an interim dividend of 0.9 pence (2022: 0.8 pence) per share in September 2023. The proposed final dividend of 1.9 pence per share brings the total dividend for 2023 to 2.8 pence (2022: 2.4 pence) per share.
The final dividend, if approved by Shareholders, will be paid on 10 May 2024 to Shareholders on the register at close of business on 12 April 2024. The ex-dividend date is 11 April 2024. Dividend cover, based on adjusted EPS excluding capital allowances super-deduction, was 2.75 times and it remains the Board's current intention to reduce cover to 2.5 times by financial year 2024.
Other Financial Highlights Include:
- Total revenue increased by 20.6% to £465.3 million (2022: £385.7 million)
- Organic revenue up 16.3% compared to 2022
- Adjusted EBITDA of £131.5 million (2022: £104.9 million) with a margin of 28.3% (2022: 27.2%)
- Adjusted operating profit of £50.5 million (2022: £41.2 million)
- Operating profit of £43.6 million (2022: £33.3 million)
- Adjusted profit before taxation of £44.5 million (2022: £38.2 million)
- Profit before taxation of £37.6 million (2022: £30.3 million)
