The Synectics Plc Board has declared a re-instated interim dividend of 2.0p per share to be paid on 23 August 2024 to shareholders on the register at 26 July 2024. This will be the Company's first interim dividend to be paid since 2019.
Other financial highlights:
H1 2024 revenue increased 20% to £26.3 million (H1 2023: £21.9 million)
Underlying operating profit increased by 183% to £2.2 million (H1 2023: £0.8 million)
Underlying EBITDA up 67% to £2.8 million (H1 2023: £1.7 million)
Underlying earnings per share up 170% to 10.0p (H1 2023: 3.7p)
Net cash at 31 May 2024 of £6.4 million with no bank debt (31 May 2023: £4.0 million)
Order book at 31 May 2024 of £30.2 million (31 May 2023: £28.4 million)
