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Team Internet Group HY Profit Rises

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Team Internet Group plc (TIG.L) reported that its profit after taxation for the six months ended 30 June 2024 rose to $9.8 million from last year's $9.4 million, with earnings per share improving to 3.73 US cents from 3.37 US cents in the prior year.

Profit before taxation was $14.4 million compared to $13.3 million in the previous year.

Adjusted earnings per share were 10.74 US cents compared to 9.63 US cents last year.

Revenue for the period rose to $409.7 million from $396.4 million in the prior year.

The Board intends to declare an interim dividend of 1.0 pence per ordinary share.

The company said it is confident that the company will meet market expectations for the full year.

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