SCS Group increases its 2016 full year dividend by 3.6%

DividendMax Ltd.

SCS Group increases its 2016  full year dividend by 3.6%

Financial Highlights:

Gross sales up 14.5% to £334.7m (2015: £292.2m)

Revenue up 14.7% to £317.3m (2015: £276.7m)

Like for like order intake up 14.8% (2015: 5.0%)

Gross profit increased 17.3% to £149.1m (2015: £127.2m)

EBITDA increased to £16.0m (Adjusted EBITDA 2015: £11.3m)

Operating profit £11.0m (2015: £2.8m, 2015 operating profit before exceptional items £6.4m)

Earnings per share 21.8p (2015: loss per share 5.6p, 2015 adjusted earnings per share 13.8p)

Strong balance sheet with cash of £22.4m (2015: £21.1m) and no debt

Recommended final dividend of 9.83p per share, full year dividend of 14.5p per share (2015: 14.0p), an increase of 3.6%

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