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Share Price Information for Wilmington (WIL)

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Share Price: 365.00
Bid: 365.00
Ask: 389.00
Change: -10.00 (-2.67%)
Spread: 24.00 (6.575%)
Open: 365.00
High: 365.00
Low: 365.00
Prev. Close: 375.00
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IN BRIEF: Wilmington interims boosted by return to face-to-face events

Mon, 21st Feb 2022 13:37

Wilmington PLC - London-based provider of information and training for governance and risk & compliance - Pretax profit jumps to GBP24.6 million in the six months that ended December 31 from GBP5.5 million a year ago, due to the proceeds from the GBP24.3 million sale of its AMT financial training business in December. Adjusted pretax profit is GBP9.5 million, up 35% from GBP7.0 million, as revenue rises 6.9% to GBP58.9 million from GBP55.1 million. Organic revenue growth is 12%, amid a return of face-to-face events to pre-pandemic levels. Declares interim dividend of 2.4p, up 14% from 2.1p a year ago. Confirms outlook for full year is ahead of earlier expectations. "If the major face-to-face events happen in March as expected, we anticipate our profitability to improve still further," Chief Executive Officer Mark Milner says.

Current stock price: 248.00 pence, up 4.2% on Tuesday

12-month change: up 40%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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