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Dillistone Group

  • BY: Andrew Hore |
  • POSTED: 14/09/2007 |

Recruitment software supplier Dillistone has grown profits and promised a total dividend of 7.5p a share for this year. 

There was a 33% increase in recurring revenues in the six months to June 2007 but over all sales rose 14% to £1.93m. Nearly half of the sales come from outside the UK. Profits increased 18% to £659,000. Net cash is £1.2m.

An interim dividend of 2.5p a share has been announced along with plans to pay a “further dividend of some 5p per share” after this year’s AGM. Last year Dillistone paid an interim dividend of 2.5p a share just after it floated but didn’t pay a final dividend. The shares have doubled in the past six months.

New clients include Norman Broadbent and this will help Dillistone to continue its growth. 

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