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IN BRIEF: Alfa Financial declares special payout after strong quarter

27th Apr 2022 11:15

Alfa Financial Software Holdings PLC - London-based software developer for finance industry - Reports first quarter revenue of GBP22.5 million, up 11% from GBP20.2 million a year prior. "In the month of March, we worked more chargeable days than at any time in the Company's history and we expect these high levels of chargeability to continue," it says. Decides to declare special dividend of 3 pence per share due to it generating "excess cash". On January 18, it had announced buyback programme worth of up to GBP18 billion.

Current stock price: 178.25p, up 6.1% on Wednesday

12-month change: up 32%

By Eric Cunha; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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