The board of Ideagen PLC proposed increasing the interim dividend by 11% to 0.068 pence per share compared with 0.061 pence per share a year ago. Payable on March 15, 2017 to shareholders on the register on February 27, 2017. The corresponding ex-dividend date is February 24, 2017.

The company reported unaudited consolidated earnings results for the six months ended October 31, 2016. For the period, revenue was GBP 12,024,000 against GBP 9,867,000 a year ago. Profit from operating activities before depreciation, amortization, share-based payment charges and exceptional items was GBP 3,107,000 against GBP 2,407,000 a year ago. Loss from operating activities was GBP 24,000 against GBP 118,000 a year ago. Loss before taxation was GBP 24,000 against GBP 118,000 a year ago. Profit for the period was GBP 2,000 against GBP 6,000 a year ago. Net cash generated by operating activities was GBP 2,856,000 against GBP 1,060,000 a year ago. Payments for property, plant and equipment was GBP 90,000 against GBP 150,000 a year ago. Adjusted profit before taxation was GBP 2,634,000 against GBP 2,128,000 a year ago. Adjusted earnings were GBP 2,321,000 against GBP 1,815,000 a year ago. Diluted adjusted earnings per share were 1.25 pence against 0.98 pence a year ago Adjusted EBITDA was GBP 2,410,000 million against GBP 1,460,000 million a year ago. Cash generated by operations is normally lower in the first half of the year partly due to the payment of a number of larger annual overheads in this period. Adjusted EBITDA increased by 65% The increase in the period is mainly attributable to the acquisition of Gael in January 2015. Adjusted diluted earnings per share increased by 16% to 0.98 pence compared with 0.84 pence for the same period last year.