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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.


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