Cenkos Securities PLC – Annual Results
Cenkos Securities plc and together with its subsidiaries, today announces its results for the year ended 31 December 2018. Cenkos is an independent, specialist institutional securities group, focused on small and mid-cap companies and investment funds. The Group’s principal activity is institutional stockbroking. Cenkos’ shares are admitted to trading on the AIM Market of the London Stock Exchange. The Company is authorised and regulated by the Financial Conduct Authority and is a member of the LSE.
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Highlights |
31-Dec-18 |
31-Dec-17 |
|
Revenue |
£45.0 m |
£59.5 m |
|
Profit before tax on continuing operations |
£3.2 m |
£10.0 m |
|
Profit after tax on continuing and discontinued operations |
£2.3m |
£7.2m |
|
Cash |
£33.6 m |
£36.8 m |
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Net assets |
£27.6m |
£29.7m |
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Basic and diluted earnings per share on continuing and discontinued operations |
4.2 p |
13.2 p |
|
Full year dividend per share paid and proposed (1) |
4.5 p |
9.0 p |
(1) Includes a proposed final dividend of 2.5p (2017: 4.5p)
Since being admitted to trading on AIM in 2006, the Company has returned £111.6 million of cash to shareholders, equivalent to 171.8p per share, before the payment of the proposed 2018 final dividend of 2.5p per share.
Commenting the Company’s Chief Executive Officer, Anthony Hotson said:
“We have had a better start to 2019 than the same time last year. The pipeline of significant transactions in our business remains strong. Consequently, we look forward to the current year with optimism.”