Amino has reported FY14 results confirming the positive momentum flagged in the December-14 trading statement. In addition to the welcome return of material revenue growth (H2 +26%), the company reported solid EBITDA margin progression (+1.7pp YoY) and a £1.3m improvement in net cash (now £20.8m or 40p per share). A 45% upward re-basing of the dividend was accompanied by a reiteration of the 10% dividend growth policy. Overall a strong set of results, giving further confidence in
02 Feb 2015
Momentum building
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Momentum building
Aferian plc (AFRN:LON) | 12.5 0 0.0% | Mkt Cap: 13.9m
- Published:
02 Feb 2015 -
Author:
Gareth Evans -
Pages:
3
Amino has reported FY14 results confirming the positive momentum flagged in the December-14 trading statement. In addition to the welcome return of material revenue growth (H2 +26%), the company reported solid EBITDA margin progression (+1.7pp YoY) and a £1.3m improvement in net cash (now £20.8m or 40p per share). A 45% upward re-basing of the dividend was accompanied by a reiteration of the 10% dividend growth policy. Overall a strong set of results, giving further confidence in