Sign up
Tech Capital

AdEPT continues tradition with another meaty dividend increase

Ian Fishwick, chief executive of AdEPT Telecom plc (LON:ADT), tells Proactive's Andrew Scott underlying earnings in the financial year just ended will be slightly ahead of market expectations.

Turnover, up 29% or so year-on-year, is also expected to be ahead of market expectations.

Net senior debt at the end of March stood at £18.05mln, which was lower than the market had been expecting largely as a result of the timing of the deferred consideration in relation to the acquisition of Our IT Department combined with better than expected earnings.

 

View full ADT profile View Profile
View All

© tech Capital 2018

Tech Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed tech companies to interact with institutional and highly capitalised investors.
Headquartered in London, Tech Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.