Full year results 2022

Wilmington plc announces its full year results for the year ended 30 June 2022.

Key highlights include 13% organic revenue growth, reflecting a strong performance from both divisions; adjusted profit before tax of £20.7m, up £5.7m on last year; and total dividend up 37% to 8.2p.

The Group also closed the year with a net cash position of £20.5m as a result of the strong trading performance, effective cash management strategies and sale of subsidiaries and property during the year.

 

Mark Milner, Chief Executive Officer, commented:

“These strong results demonstrate the success of our strategy with good organic revenue growth, profits up by 38% and substantial cash generation. Our new operating model is successfully embedded and has enhanced our position in the large, expanding and rapidly evolving Governance Risk and Compliance markets.

“The investments we have made in technology and data are accelerating our growth ambitions as we develop single technology platforms in each division. These investments are enhancing our position by creating a scalable portfolio of assets that are strongly aligned to the dynamic and growing GRC market.

“We have a resilient business model with increasing recurring revenues. We have seen good demand in all areas during the first quarter of the current financial year, generating revenues and profitability in line with our expectations.”

See our results page for the full highlights and the preliminary announcement for further details.

Shout out to our charity walkers on International Day of Charity!

News

Shout out to our charity walkers on International Day of Charity!

September 5th is International Day of Charity... #WeAreWilmingtonPlc

Read more
Mercia Group: Cultivating Connections

News

Mercia Group: Cultivating Connections

Mercia Group's recent Engagement Day proved to be a vibrant and insightful event...

Read More
HSJ Partnership Awards 2024

News

HSJ Partnership Awards 2024

Now open for entries, the HSJ Partnership Awards are not just a celebration of success stories but also a platform to shape the future of our new integrated health and care system...

Read more