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Dillistone Group
- BY: Andrew Hore |
- POSTED: 16/04/2008 |
Recruitment software supplier Dillistone is paying a higher than expected final dividend.
At the interim stage the company said it would pay a total dividend of at least 7.5p a share for 2007. The final dividend of 6p a share took the total to 8.5p a share.
Revenues grew 23% to £4.07m and profits rose 30% to £1.2m in 2007. The growth in the business is international with much of it coming from the emerging economies. Recurring revenues were £1.67m last year. There was net cash of £1.53m.
Dillistone started the year with its best ever order book but it warns that customers are becoming more cautious about significant investment.
The shares rose 2.5p to 160p, valuing the company at £8.64m.
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