Porvair plc (PRV.L), a filtration and environmental technology company, on Monday reported higher earnings and revenues for the fiscal 2023. The company also raised its final dividend.
Yearly earnings before tax increased 7 percent to 20.1 million pounds from 18.7 million pounds, last year.
After tax, earnings rose 9 percent to 16 million pounds or 34.8 pence per share from 14.7 million pounds or 32 pence per share in the previous year.
Excluding items, earnings before tax was 21.4 million pounds, compared with 19.4 million pounds in the prior year.
Adjusted earnings after tax was 17.1 million pounds or 37.2 pence per share, compared with 15.3 million pounds or 33.2 pence per share in the last year.
Revenues climbed 2 percent to 176 million pounds from 172.6 million pounds over a year ago. On a constant currency basis, revenue edged up by 1 percent.
Additionally, the company declared a final dividend of 4 pence per share, higher than 3.8 per share of last year, payable on June 5 to shareholders of record as on May 3.
The full year dividend would be 6.0 pence, higher than prior year's 5.7 pence.
On Friday, Porvair shares closed at 660 pence in London.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.