By Michael Susin
YouGov said pretax profit for fiscal 2023 rose, driven by growth across all geographies despite the challenging business environment, and increased its dividend payout.
The London-listed research and data-analytics group said Tuesday that pretax profit for the year ended July 31 was 44.7 million pounds ($54.7 million) compared with GBP25.3 million reported a year ago.
The increase was supported by disciplined cost management and benefits from investments made in prior years, it said.
Revenue rose to GBP258.3 million from GBP221.1 million, with business growth of 9% against a challenging macroeconomic backdrop and well ahead of the industry, it said.
The board declared a dividend increase of 25% to 8.75 pence a share.
Looking ahead, YouGov said it is confident in meeting current market expectations for fiscal 2024.
Write to Michael Susin at [email protected]
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