Nichols Plc - 2019 Interim Result & Board Changes

*EBITDA is the statutory profit before tax, interest, depreciation and amortisation

Half Year ended

30 June 2019

Half Year ended

30 June 2018

% movement

 

£m

£m

 

 

 

 

 

Group Revenue

71.6

65.0

10.2%

Operating Profit

13.3

13.1

2.1%

Operating Profit margin

18.6%

20.1%

 

 

 

 

 

Profit Before Tax (PBT)

13.3

13.1

2.0%

PBT Margin

18.6%

20.1%

 

 

 

 

 

EBITDA*

15.3

14.0

9.7%

 

 

 

 

Earnings per share (basic)

29.63p

28.81p

2.8%

Interim dividend

12.4p

11.3p

9.7%

 

 

 

"Nichols plc has delivered another good trading performance in the first half of 2019, with growth across both the UK and international markets. As a result, revenue, profit before tax and earnings per share have all increased during the period, and we have increased the interim dividend by 9.7%."

Chairman's Statement

 

The interim dividend will be paid on 30 August 2019 to shareholders registered on 26 July 2019; the ex-dividend date is 25 July 2019.

 

The Board intends to deliver continued returns to shareholders through a progressive dividend policy, with increases aligned to growth in earnings per share with the alignment being fully implemented by 2021.

 

Summary and outlook