The Eurocell Board proposes a final dividend of 3.9 pence per share, which results in total dividends for the year of 6.1 pence per share (£6.3 million), up 10% compared to 2023. The dividend will be paid on 23 May 2025 to shareholders registered at the close of business on 25 April 2025. The ex-dividend date will be 24 April 2025.
Other financial highlights include:
•Adjusted PBT up 32% on lower sales, driven by proactive gross margin management and reduced input costs
•Good progress with early stages of five-year strategy and remain well positioned for when markets recover
•Driving shareholder returns through a combination of a progressive ordinary dividend and share buybacks, with a new buyback of up to £5 million launched today
•Continuing focus on cost reduction, operational improvements and cash flow management
•Alunet acquisition in March 2025 is a compelling strategic fit
