The Tristel Board is recommending an interim dividend of 5.68 pence (2023: 5.24 pence) to be paid on 11 April 2025. The associated ex-dividend date will be 20 March 2025 with a record date of 21 March 2025.
Other financial highlights include:
Revenue up 8% to £22.6m (2023: £20.9m), 9% at constant currency
UK sales up 7% to £8.8m (2023: £8.2m); Overseas sales up 9% to £13.8m (2023: £12.7m)
Gross margin up to 82% (2023: 81%)
Reported EBITDA up to £5.0m (2023: £4.7m)
o Adjusted EBITDA up 14% to £6.3m (2023: £5.4m)
Reported profit before tax up 9% to £3.7m (2023: £3.4m)
o Adjusted profit before tax up 19% to £4.9m (2023: £4.1m)
Reported EPS of 5.72p (2023: 6.50p)
o Adjusted EPS of 8.17p (2023: 8.68p)
Tax charge of £0.9m (2023: £0.4m)
No debt and cash of £11.7m (2023: £10.8m) after paying dividends of £3.9m (2023: £3.8m)
