RTC reports stable profits, strong cash generation

(Sharecast News) - RTC Group reported stable profits and strong cash generation for the first half of 2025 on Monday, underpinned by a robust order book and continued strategic focus on infrastructure-led sectors.

Operating profit for the six months ended 30 June was maintained at £1.3m, unchanged from the same period last year, while net cash inflow from operating activities rose sharply to £3.3m, up from £0.4m in the first half of 2024.

Revenue from continuing operations slipped slightly to £48.3m from £49m, but earnings per share rose to 6.62p on a fully diluted weighted average basis, up from 6p.

Based on the number of shares in issue at period end, fully diluted earnings per share increased to 7.07p.

The company reported net assets of £7.4 million at 30 June and said it remained debt-free apart from lease liabilities.

Its board proposed an interim dividend of 1.21p per share, up from 1.1p last year, to be paid on 3 October.

That followed a final dividend of 5.0p per share for the 2024 financial year, paid in June.

In total, £1.5m was returned to shareholders during the period through dividends and share buybacks.

"I am pleased to report that the group has delivered profit from operations of no less than £1.3m for the fourth consecutive six-month period, underlining the reliability, robustness and continued resilience of the Group's strategy, against a shifting market backdrop," said chairman and CEO Andy Pendlebury.

Pendlebury highlighted the company's strong performance in sectors aligned with UK infrastructure investment, including rail maintenance, renewals and the ongoing smart meter rollout.

He said the group was well positioned to manage industry cyclicality while maintaining forward revenue visibility into 2026.

"With no term debt, strong cash flow, and a healthy balance sheet, we remain confident in our positioning and optimistic about our short, medium, and long-term prospects," Pendlebury added.

At 1157 BST, shares in RTC Group were up 10.53% at 105p.

Reporting by Josh White for Sharecast.com.

Rtc Grp.