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Trading statements

AdEPT Telecom ahead of forecasts

05 April 2016 07:53

AdEPT Telecom expects underlying EBITDA of around GBP6.15m for the year ended 31 March - around 33% up on last time and ahead of the market consensus expectation of a 30% rise year-on-year.

Net borrowings of GBP6.2m were GBP0.8m lower than consensus market expectations.

The board is recommending a final dividend of 3.50p - up from 2.50p last time - taking total dividends for the year to 6.50p, an increase of 37% over the prior period.

Story provided by StockMarketWire.com

Related Company: ADT

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