22nd Jun 2026 12:07
(Alliance News) - Triad Group PLC on Monday said its new financial year "has started well," as it posted an annual profit surge amid revenue growth, and declared a sharp dividend rise.
The Godalming, England-based technology consultant said pretax profit rose 26% to GBP1.9 million in the financial year ended March 31, from GBP1.5 million a year prior.
Revenue climbed 16% to GBP24.8 million from GBP21.4 million. Cost of sales increased 18% to GBP18.1 million from GBP15.3 million, while administrative expenses were 2.6% higher, at GBP4.8 million from GBP4.7 million.
The company said: "At the Department for Energy Security & Net Zero, our teams continued to drive forward with the digital delivery necessary to enable initiatives such as the Warm Homes Discount and the Private Rented Sector Exemption scheme.
"These nationally significant projects demand the highest levels of expertise and competence, and our consultants have relished the challenge. Working at DESNZ has also provided a boost to our growing Salesforce practice, a platform which we see as increasingly significant across Central Government, Health and Law Enforcement."
Triad proposed a final dividend of 6 pence per share, up 50% from 4p a year ago. This brings the total payout to 9p, up 50% from 6p.
Managing Director Adrian Leer said: "The outlook is very promising. Short-term, the new financial year has started well. The company is growing steadily, and we have made significant changes to our work-winning approach to secure the platform for future growth. Secured work is at levels higher than previous years, and we continue to be enthusiastic about our prospects to win more work in our core and emerging markets."
Triad shares were 2.5% higher at 292.20 pence each on Monday around noon in London.
By Tom Budszus, Alliance News slot editor
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