Interim results 2023

Key highlights include 7% continuing revenue growth; continuing adjusted profit before tax of £8.9m, up 14%; and total dividend up 13% to 2.70p.

Mark Milner, Chief Executive Officer, commented:

"We continue to deliver our strategy to drive solid organic revenue growth and profits as well as strong cash conversion. We maintain focus on actively managing our portfolio and will only consider acquisition opportunities which provide attractive return on investment.

“We have made good progress with our endeavours to develop single platforms for our Intelligence and Training & Education divisions, simplifying our technology and enhancing our products and services.

“Trading in the current financial year continues to be in line with expectations. Whilst we are mindful of current economic uncertainties, we have a strong contracted order book which underpins our confidence for the second half.”

Please see the Interim report for further details.