The Porvair plc Directors have declared an interim dividend of 2.1 pence (2023: 2.0 pence) per share to be paid on 21 August 2024 to shareholders on the register at the close of business on 19 July 2024; the ex-dividend date is 18 July 2024.
Other financial highlights include:
Revenue up 5% to £94.6 million (2023: £90.6 million), 8% higher on a constant currency basis
Adjusted operating profit 2% higher at £12.5 million (2023: £12.2 million)
Operating profit 1% lower at £11.6 million (2023: £11.7 million)
Adjusted profit before tax 3% lower at £11.5 million (2023: £11.8 million)
Profit before tax 6% lower at £10.6 million (2023: £11.2 million)
Adjusted basic earnings per share 4% lower at 19.5 pence (2023: 20.3 pence)
Basic earnings per share 6% lower at 18.1 pence (2023: 19.3 pence)
Net closing cash at £4.1 million (31 May 2023: £19.7 million; 30 November 2023: £14.1 million) after investing £12.7 million (2023: £2.9 million) in capital expenditure and acquisitions
