Nichols PLC (NICL.L) Tuesday reported preliminary profit before tax of 24.03 million pounds for the full year, 0.9 percent lower than 24.26 million pounds in the previous year.
Excluding one-time items, adjusted profit before tax increased 15.6 percent to 31.40 million pounds from 27.17 million pounds last year.
Operating profit was down 3.6 percent to 21.49 million pounds from 22.29 million pounds in the prior year, while adjusted operating profit grew 14.6 percent to 28.86 million pounds from 25.19 million pounds.
Net profit dropped to 17.84 million pounds or 48.81p per share from 18.36 million pounds or 50.32p per share last year. However, adjusted earnings per share rose to 63.98p from 56.39p.
Revenue for the year grew 1.2 percent to 172.81 million pounds from 170.74 million pounds in the previous year.
The Board has recommended a final dividend of 17.1p per share, up from 15.6p per share last year, payable on May 1 to shareholders of record on March 21.
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