The Anpario Board has approved an interim dividend of 3.25 pence per share (H1 2023: 3.20 pence per share), an increase of 2% compared to the prior period. This dividend, payable on 29 November 2024 to shareholders on the register on 15 November 2024 (ex-dividend date is 14 November 2024), reflects the Board's continued confidence in the Group and its ability to generate cash.
Other financial highlights include:
- 11% increase in sales to £17.0m (H1 2023: £15.3m).
- 20% increase in gross profit to £8.1m (H1 2023: £6.7m).
- Increase in gross margins to 47.5% (H1 2023: 43.9%).
- 41% increase in adjusted EBITDA1 to £2.7m (H1 2023: £1.9m).
- 53% increase in profit before tax to £2.1m (H1 2023: £1.4m).
- 84% increase in diluted adjusted earnings per share to 10.39p (H1 2023: 5.66p).
- Cash balances, including short-term investments, of £13.5m at 30 June 2024 (31 December 2023: £10.6m).
