Personal Group Holdings Plc announced a final ordinary dividend of 5.85 pence per share which will be paid on 8 May 2024 to members on the register as of 2 April 2024 (the record date). Shares will be marked ex-dividend on 28 March 2024. This makes a total ordinary dividend for 2023 of 11.7 pence per share, representing an increase of 10% year on year.
Other financial highlights include:
Revenue grew across all areas outside of Let's Connect:
- Group revenue stable at £49.7m (2022 restated: £49.8m)
- Revenue, excluding Let's Connect, increased 17% to £38.6m (2022: £33.0m)
- Recurring revenue streams increased 14% to £38.3m (£2022: £33.5m)
Adjusted EBITDA increased 35% to £8.1m, in line with market expectations (2022: £6.0m)
Adjusted profit before tax of £5.3m (2022 adjusted: £3.8m profit excluding goodwill impairment)
Adjusted Basic EPS of 13.8p (2022 adjusted: 10.6p, statutory loss of 23.2p)
Strong balance sheet and liquidity, with cash and deposits at year-end of £20.1m (2022: £18.7m) and no debt
