RE: Read through30 Jul 2025 10:25
Looking cheap soon
Dividend yield of nearly 15%
We maintain a robust balance sheet, with £34.6 million cash at 30 June 2025 (2024: £36.9 million) and no debt.
· Cash conversion increased to 155% during the first six months of 2025 (2024: 104%) bolstered by strong cash collection. Adjusted cash conversion2 was 155% (2024: 103%).
· On 29 July 2025, the Board declared an interim dividend of 6.0 pence per ordinary share (2024: 10.0 pence), which will be payable on 14 November 2025 to shareholders on the register on 24 October 2025.