8th Dec 2022 17:47
Dewhurst Group PLC - London-based supplier of electrical components for lifts and keypads - In the year ended September 30, reports a pretax profit of GBP7.2 million, down 25% from GBP9.6 million the previous year as operating costs widen to GBP50.3 million from GBP46.4 million and the company books a GBP1.5 million cyber attack remediation cost. Revenue ticks up to GBP57.6 million from GBP56.2 million. Proposes an increased final dividend of 10.25 pence, which would take its total payout for the year to 14.75p, up 5.4% against the year prior.
In the first quarter of its new financial year, Dewhurst says its sales are looking "similar overall" to the previous year. Adds that cost pressures on materials will likely be a continuing concern moving forward. Notes that energy price rises are due to come through during the first half of its new financial year.
Current stock price: 1,190.00 pence
12-month change: down 20%
By Heather Rydings, Alliance News senior economics reporter
Comments and questions to [email protected]
Copyright 2022 Alliance News Ltd. All Rights Reserved.
Related Shares:
Dewhurst