2 March 2023 - final results
The automotive and aerospace group has announced its annual results for 2022 and these have revealed that revenues on continuing operations rose by almost 13% to £8.19bn, whilst adjusted pre-tax profits increased by 98% to £384m. Earnings per share more than doubled to 7.0p and the dividend was raised by 33% to 2.325p per share. These results were better than expectations and strong cash flow meant that net debt at the year end of £1.14bn was lower than expected. The timetable for the demerger of the old GKN Automotive business . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
