Cash rolls in at Motivcom

Motivcom, the marketing services group, hailed another year of strong growth in 2010.For the year in question its revenues rose by 12.8% to £15.48m. Headline profit before tax improved by 34% to £4.69m. Its cash generated from operations improved considerably, slightly more than doubling, to reach £7.72m. Given the interim dividend paid out by Motivcom on the 5th of November, of 1.0 pence, and the final dividend of 2.2 pence per share to be paid on 22 June 2011, the total dividend of 3.2 pence per share (2009: total dividend of 2.5 pence per share) works out to a total increase of 28%.Colin Lloyd, chairman of Motivcom plc, added that, "The group's growth has been organic and has been driven by many of our largest clients increasing their spending, as well as new business wins", though, looking to the future, Lloyd said the group is not banking on "any significant increases in client expenditure given the ongoing challenging economic climate."Shares hit a new 52-week high on the morning the results were announced. ab