IN BRIEF: Lords Group lifts annual dividend as revenue and profit jump
3rd May 2023 12:37
Lords Group Trading PLC - London-based distributor of building, plumbing, heating and DIY goods - Posts revenue of GBP450.0 million in 2022, up 24% from GBP363.3 million in 2021. Pretax profit rises by 45% to GBP28.6 million from GBP19.7 million, as adjusted pretax profit increases by 42% to GBP17.4 million from GBP12.2 million a year earlier. Adjusted earnings before interest, tax, depreciation and amortisation improve by 34% to GBP450.0 million from GBP363.3 million. Declares a final dividend of 1.33 pence per share, up from 1.26p a year prior. This brings the total dividend for the year to 2.0 pence per share, up 5.8% from 1.89p the year prior. Read More