The Harworth Group Plc Board has determined that it is appropriate for an interim dividend for the year ending 31 December 2024 to be paid of 0.489p (H1 2023: 0.444p) per share, an increase of 10% in line with the Group's policy.
Other financial highlights include:
Value gains totalled £47.0 million (H1 2023: £7.5 million), driven by sales, development of sites and planning permissions against the backdrop of relatively stable markets
Operating profit increased 164% to £21.1 million (H1 2023: £8.0 million), reflecting increased land sales, revenue from development management, and other gains relating to the valuations of investment properties and assets held for sale
Annualised rental income for the Investment Portfolio increased to £14.4 million, growth of 2.4% on a like-for-like basis
