The Board of Stilo International plc recommended payment of a final dividend for the year 2016 of 0.05 pence per ordinary share which, if approved at the AGM on 18 May 2017, will be paid on 23 May 2017 to shareholders on the register on 21 April 2017. The shares will be marked ex-dividend on 20 April 2017. If approved, payment of the final dividend will bring the total dividends paid to shareholders for the year to 0.09 pence per ordinary share.

The company announced preliminary audited consolidated earnings results for the year ended 31 December 2016. For the year, the company reported revenue - continuing operations of £1,761,000 against £1,517,000 a year ago. Operating profit was £312,000 against £255,000 a year ago. Profit before tax was £318,000 against £261,000 a year ago. Profit for the year attributable to the equity shareholders of the parent company was £331,000 against £309,000 a year ago. Diluted earnings per share were 0.28 pence against 0.28 pence a year ago. Net cash generated from operating activities was £411,000 against £387,000 a year ago. Purchase of plant and equipment was £11,000 against £12,000 a year ago. In 2016, the results for Stilo show an increase in EBITDA to £327,000 against £272,000 a year ago.