Simonds Farsons Cisk plc – Approval of Financial Statements and Declaration of Final Dividend

Simonds Farsons Cisk plc announced that the Board of Directors has on Wednesday 24th April 2013 met and approved for publication the financial statements of the Company for the year ended 31st January 2013, and resolved to propose the same for the approval of the shareholders at the forthcoming Annual General Meeting of the Company to be held on 20th June, 2013.

The Board of Directors of Simonds Farsons Cisk plc has resolved to recommend for the approval of the Annual General Meeting the distribution, out of tax exempt profits, of a final net dividend of €2,100,000, that is €0.07 per ordinary share of €0.30, to be paid by not later than 21st June 2013.

An interim net dividend of €400,000 that is €0.0133 per ordinary share was approved at the Board Meeting held on 26th September 2012 and distributed on 19th October 2012. Therefore the total net dividend to the ordinary shareholders relating to the financial year ended 31st January 2013 amounts to €2,500,000, that is €0.0833 per ordinary share.

The Group registered a profit before tax of EUR 6,481,000, compared toEUR 5,080,000 registered in 2012. Revenue for the period under review amounted to EUR 77,180,000, a rise of 8.93% from 2012. EPS increased to EUR 0.199.

To view the official company announcement, click here.