RS2 Software plc – Approval of financial statements for the year ended 31 December 2015

RS2 Software plc announced its financial results for the year ended December 31, 2015. 

The company reported that profit before tax amounted to €6.5m, compared to €4.2m recorded in 2014. Revenue for the period under review stood at €19.4m – up by 28 per cent year-on-year, which is primarily attributable to an additional demand for services corresponding to a 43% increase over 2014. Earnings per share stood at €0.054.

The Board of Directors recommended the payment of a net final dividend of €0.0278 per share which will be paid on June 30, 2016 to shareholders on the company’s register as at May 23, 2016. Furthermore, a bonus share issue of one share for every 18 shares held by shareholders on the share register as at May 23, 2016 will be recommended for approval. Moreover, the company resolved to recommend a 5 for 3 share split to be allotted proportionally to shareholders on the share register as at July 4, 2016.

To view the official Company Announcement, click here.