The Cerillion PLC Board is to declare an increased interim dividend of 4.0p per share (H1 2023: 3.3p), a 21% rise year-on-year. The interim dividend will become payable on 21 June 2024 to shareholders on the Company's register as at the close of business on the record date of 31 May 2024. The ex-dividend date is 30 May 2024.
Other financial highlights include
●Revenue up 10% to £22.5m (H1 2023: £20.5m), reflecting ongoing major implementation projects for new customers and new orders from existing customers
●Annualised recurring revenue at 31 March 2024 up 14% to £15.0m (H1 2023: £13.1m), mainly driven by continuing trend for managed services
●Adjusted EBITDA2 up 10% to £11.0m (H1 2023: £10.0m)
●Adjusted profit before tax up 14% to £10.5m (H1 2023: £9.2m)
●Adjusted earnings per share up 8% to 27.6p (H1 2023: 25.5p)
●Back-order book up 10% to £47.1m (H1 2023: £43.0m)
●Total new orders up 32% to £20.2m (H1 2023: £15.3m)
●New customer pipeline up 20% to a record £254.0m (H1 2023: £212.0m)
●Net cash up 13% to £26.6m (31 March 2023: £23.6m)
