The Next 15 Board is recommending the payment of a final dividend for the year ended 31 January 2024 of 10.6p per share, which would represent a total dividend of 15.35p for the year. The final dividend represents an increase of 5% on the final dividend in the prior year
Other financial highlights include:
Group net revenue growth of 2.5% to £577.8m, including organic net revenue growth1 of 0.3%, a strong contribution from acquisitions of 3.3%, and an FX headwind of 1.1%
Record adjusted operating profit of £121.1m, at a margin of 21.0%
Adjusted profit before tax up 4.8% to £117.9m
The Next 15 Group plc Board is recommending the payment of a final dividend for the year ended 31 January 2024 of 10.6p per share, which would represent a total dividend of 15.35p for the year. The final dividend represents an increase of 5% on the final dividend in the prior year
Statutory revenue up 2.0% to £734.7m. Statutory operating profit up 14.7% to £77.1m
Adjusted diluted earnings per share increased by 1.5% to 81.6p
Strong balance sheet with net debt of £1.4m at 31 January 2024
Client spend excluding technology clients increased 11% LFL; technology clients spend declined by 17% during the year
Significant new client wins and expanded assignments with Asda, Workday and Sega
Completed bolt-on acquisitions for initial consideration of £15.4m, including Explorer, Rush, Whitespace and Williams Commerce, with £4.5m spent on the acquisition of Studio La Plage post the year end
Returned £4.5m to shareholders via the share buyback programme
