Dewhurst (GB:DWHT) has released an update.
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Dewhurst Group PLC reported a 2% revenue growth to £31.0 million in the first half of 2024 despite a slight operating profit decline due to expansion costs in Singapore, with earnings per share increasing by 2%. The company declared an increased interim dividend of 5.00p per share, while expressing confidence in achieving market expectations for the year despite a softening North American market and currency fluctuations. Strong cash reserves reflect a robust balance sheet, even after strategic acquisitions and a share buyback program.
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