IN BRIEF: Wilmington interims boosted by return to face-to-face events
Wilmington PLC - London-based provider of information and training for governance and risk & compliance - Pretax profit jumps to GBP24.6 million in the six months that ended December 31 from GBP5.5 million a year ago, due to the proceeds from the GBP24.3 million sale of its AMT financial training business in December. Adjusted pretax profit is GBP9.5 million, up 35% from GBP7.0 million, as revenue rises 6.9% to GBP58.9 million from GBP55.1 million. Organic revenue growth is 12%, amid a return of face-to-face events to pre-pandemic levels. Declares interim dividend of 2.4p, up 14% from 2.1p a year ago. Confirms outlook for full year is ahead of earlier expectations. "If the major face-to-face events happen in March as expected, we anticipate our profitability to improve still further," Chief Executive Officer Mark Milner says. Read More