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Synthomer Plc Fiscal Year Pretax Profit Rises - Quick Facts

Synthomer plc (SYNT.L) reported pretax profit of 59.1 million pounds for the year ended 31 December 2013, compared to 58.8 million pounds, last year. Profit attributable to equity holders of the parent declined 48.3 million pounds or 14.1 pence per share, from 53.1 million pounds or 15.4 pence per share, previous year.

Underlying pretax profit declined to 90.1 million pounds, from 94.6 million pounds. Underlying earnings per share was 20.5 pence, compared to 20.6 pence, a year ago.

Total sales were 1.05 billion pounds, compared to 1.11 billion pounds, last year. Group revenue declined to 992.7 million pounds, from 1.05 billion pounds.

The Board of Synthomer has recommended an increased final dividend of 3.6 pence per share, making a total dividend for the year of 6.0 pence. The full year dividend of 6.0 pence represents an increase of 9.1% over the previous year.

by RTT Staff Writer

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