Increased sales at powered access equipment provider Lavendon Group Plc have led to a proposed 30% increase in dividends compared to the previous year's dividend.

In the year to 31 December 2014, revenue at Lutterworth-based Lavendon increased to £246.3m from £237.4m a year earlier.

As a result of its "strong financial performance and cash flows", the group's board recommended a final dividend of 3.20 pence per share.

If approved, the total dividend for 2014 will be 4.60 pence per share, a 30 per cent spike on 2013's dividend of 3.55 pence.

For more information, please click here

Published by

Categorised in: