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Cerillion hikes dividend as H1 profit jumps amid new business wins

By BFN News | 07:53 AM | Monday 17 May, 2021


Customer relationship management software provider Cerillion raised its interim dividend after first-half adjusted profit more than double on new business wins. For the six months ended 31 March 2021, adjusted pre-tax profit was up 124% to £3.8 million year-on-year as revenue increased 26% to £12.8 million. New orders in H1 rose 148% to record £23.6 million. The interim dividend was raised by 20% to 2.10 pence a share. 'Existing major implementation projects and the strong back order book leave Cerillion very well-positioned to achieve its full year targets,' the company said. Story provided by StockMarketWire.com

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