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Diploma PLC FY22 Adj. Profit Rises; Organic Revenue Growth At 15%

Diploma PLC (DPLM.L) reported that its fiscal 2022 adjusted profit before tax increased to 179.6 million pounds from 141.9 million pounds prior year. Adjusted earnings per share was 107.5 pence compared to 85.2 pence.

Profit before tax increased to 129.5 million pounds from 96.6 million pounds, prior year. Earnings per share was 75.9 pence compared to 55.9 pence.

Revenue increased to 1.01 billion pounds from 787.4 million pounds, prior year. Organic revenue growth was 15%, for the period.

The Group now expects fiscal 2023 to be positive and in-line with its long-term model.

The Board recommended a 29% increase in the final dividend to 38.8 pence taking the total dividend to 53.8 pence. The dividend will be paid on 3 February 2023 to shareholders on the register at 20 January 2023.

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