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IN BRIEF: DSW Capital declares maiden dividend as revenue jumps

14th Jul 2022 14:08

DSW Capital PLC - Warrington, England-based business advisory services provider - Swings to a marginal pretax loss of GBP31,000 in the financial year that ended March 31 from a profit of GBP1.6 million the year before, as administrative expenses triple to GBP3.0 million from GBP728,000. Adjusted pretax profit jumps 25%, however, to GBP2.0 million from GBP1.6 million. Revenue rises 13% to GBP2.7 million from GBP2.4 million, as its service lines such as business recovery and debt advisory grow "significantly". Declares a maiden final dividend of 4.22 pence. Says the new financial year has started well and in line with expectations.

Current stock price: 110.00 pence, down 5.6% on Thursday

12-month change: down 3.9%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Dsw Capital
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