FW Thorpe Plc (GB:TFW) has released an update.
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FW Thorpe Plc, a professional lighting systems manufacturer, has reported stable revenue with a marginal decrease to £175.8m, but a significant operating profit increase of 10.1% to £30.6m for the fiscal year ended June 2024. The company also announced a 5% increase in dividends and a special dividend of 2.50p, reflecting a robust financial position and confidence in future performance. Despite economic challenges, the firm has seen solid profit growth and a strong start to the new financial year with operational improvements and successful contributions from recent acquisitions.
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