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Media

Totally recommends final dividend but outlook remains uncertain

The timing of new tenders is foggy due to the pandemic and its impact on the NHS

Totally PLC (LON:TLY) said the outlook for the remainder of the year is uncertain but recommended a final dividend for the period ended on March 31.

The provider of healthcare services said timing of new tenders, a key part of its growth plans, remains uncertain due to the COVID-19 pandemic and its impact on the NHS.

The AIM-listed firm recommended a final dividend of 0.25p per share, bringing the total distribution to 0.50p.

In the year to March, revenue jumped 36% to £105mln but loss before tax widened 47% to £3mln due to an amortisation charge of £2mln relating to certain contracts.

Cash at year-end was 19% higher at £9mln.

Shares slipped 11% to 17.35p on Tuesday morning.

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