Corporate News

OSB Group H1 Underlying Profit Before Tax Rises - Quick Facts

OSB Group Plc (OSB.L) reported first half statutory profit before tax of 241.3 million pounds compared to 76.7 million pounds, last year. Earnings per share was 43.4 pence compared to 12.6 pence. Underlying profit before tax increased to 249.9 million pounds from 116.6 million pounds. Underlying basic earnings per share was 46.0 pence compared to 19.5 pence.

For the six months ended 30-Jun-24, net interest income increased to 353.5 million pounds from 237.5 million pounds. Total income was 362.6 million pounds compared to 232.1 million pounds.

The Board has declared an interim dividend of 10.7 pence per share for the first half of 2024. The declared dividend will be paid on 20 September 2024, with an ex-dividend date of 22 August 2024 and a record date of 23 August 2024. The Board has approved a new 50 million pounds share repurchase programme, which will commence on 6 September.

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by RTTNews Staff Writer

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