The results revealed 15% growth in PBT in line with our forecasts, and 20% growth in the ordinary dividend (forecast: 10%) confirmed for the next two years. A higher investment programme in its technology development and estate has resulted in a lower special dividend than forecast.
21 Jun 2016
Final results
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Final results
ME Group International plc (MEGP:LON) | 170 4.1 1.4% | Mkt Cap: 640.1m
- Published:
21 Jun 2016 -
Author:
Cavendish Research -
Pages:
8
The results revealed 15% growth in PBT in line with our forecasts, and 20% growth in the ordinary dividend (forecast: 10%) confirmed for the next two years. A higher investment programme in its technology development and estate has resulted in a lower special dividend than forecast.