Science Group plc (SAG.L), a science & technology consultancy and systems firm, reported Monday higher profit in fiscal 2024, despite slightly lower revenues.
Further, the company said the 2025 share buy-back programme has been increased to over 6.0 million pounds from last year's 5.0 million pounds.
The Board has proposed a final dividend for 2024 of 8.0 pence per share, same as last year, subject to approval by shareholders at the next Annual General Meeting.
In the year, profit before tax nearly doubled to 14.74 million pounds from last year's 7.62 million pounds. Earnings per share were 26 pence, up from 12.1 pence a year ago.
The prior year's result was impacted by one-off, non-cash adjustments associated with the TP Group acquisition.
Adjusted basic earnings per share were 36.2 pence, compared to 33.3 pence last year.
In the year, the Group generated revenue of 110.67 million pounds, lower than last year's 113.34 million pounds.
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