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OSB Group FY24 Underlying Pretax Profit Rises

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

OSB Group (OSB.L) reported that its fiscal 2024 statutory profit before tax increased to 418.1 million pounds from 374.3 million pounds, last year. Basic earnings per share was 77.6 pence compared to 66.1 pence. Underlying pretax profit was 442.9 million pounds, up 4%. Underlying basic earnings per share was 82.2 pence compared to 75.0 pence.

For the year ended 31 December 2024, net interest income increased to 666.4 million pounds from 658.6 million pounds, prior year. Total income was 667.2 million pounds compared to 658.1 million pounds.

The Board has recommended a final dividend per share of 22.9 pence, which together with the interim dividend per share of 10.7 pence, results in a total ordinary dividend per share for the year of 33.6 pence, an increase of 5%.

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