In line with their dividend policy of distributing the higher of last year's dividend or 40% of adjusted retained earnings, the Centaur Board has declared a final dividend of 1.2 pence per share (£1.8m), which when added to the interim dividend provides a total dividend relating to 2024 of 1.8 pence per share
Other financial highlights include:
Revenue from continuing operations declined by 6% year-on-year
Adjusted EBITDA decreased by 39% from £9.7m to £5.9m in 2024, ahead of consensus
Adjusted EBITDA margin reduced to 17% in 2024 from 26% in 2023
Group statutory loss after taxation includes a £12.0m goodwill impairment
Net cash3 of £8.9m, after paying ordinary dividends during the year of £2.6m
