Paypoint increases its 2014 full year dividend by 9.1%

DividendMax Ltd.

Paypoint increases its 2014 full year dividend by 9.1%

Operating highlights

  • Retail networks performed well, with net revenue up 10.1% including retail services up 19.9%
  • Romanian bill payment transactions grew 36.8%, increasing profitability and market share
  • Collect+ transactions up 38.7% to 18.8 million. Available in over 5,800 sites
  • New multi-channel capability launched for energy sector smart meter payments and first sale achieved
  • Mobile and Online transactions up 10.0% to 145.3 million, with strong parking transaction growth
  • Announced sale process for our parking and online payment processing companies to realise their value

Financial highlights

  • Record group transaction volumes at 812.7 million, up 5.9%
  • Operating profits up 9.1% with improved margin
  • Robust balance sheet with cash of £43.9 million4
  • Increase in final dividend by 9.2% to 26.1p
  • Full year dividend yp 9.1% to 38.5p

Companies mentioned