RTC Group PLC – Interim Results

RTC Group Plc (AIM: RTC.L), the engineering and technical recruitment Group, is pleased to announce its unaudited results for the six months ended 30 June 2019.

 

 

·        Group revenue from continuing operations increased to £46m (2018: £41m)

·        Profit before tax reduced marginally to £0.71m (2018: £0.77m)

·        Basic earnings per share fell to 3.86p (2018: 4.38p)

 

The final dividend in respect of the year ended 31 December 2018 of 2.55p per share (2018: 2.3p) was approved at the AGM on 24 April 2019 and paid to shareholders on 7 June 2019. 

 

In line with the Group’s progressive dividend policy, the Directors propose an interim dividend of 1.4p per share (2018: 1.3p). The interim dividend will be paid on 29 November 2019 to shareholders on the register on 8 November 2019.

 

Commenting on the results, Bill Douie, Chairman, said:

 

Ganymede continues to perform well with enhanced volumes on its Network Rail contract and GSS has increased its presence internationally.  ATA has encountered headwinds due to uncertainties over our future relationship with the European Union. However, although the fog has not lifted in the political arena and, therefore, by extension in industry and commerce, we remain confident of continuing our satisfactory performance in the second half of 2019 and as such are maintaining our progressive dividend policy.

 

 

The interim report is available on the Company’s website www.rtcgroupplc.co.uk.

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