News blog

AdEPT Telecom

• BY: Andrew Hore |
• POSTED: 30/04/2013 |

Voice and data telecoms services provider AdEPT Telecom will pay a trebled dividend for 2012.

The final dividend will be 0.75p a share, taking the total to 1.5p a share, up from 0.5p a share in 2011.

Underlying pre-tax profit will be better than last year’s figure of £3m and better than forecast, while turnover will be in line with expectations. Net debt has been cut to £3.3m.

At 85.5p a share, AdEPT is valued at £18m. The prospective yield is 1.8%.

The full year figures will be published in July.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFApril2013_43.pdf