MS International (GB:MSI) has released an update.
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MS International PLC has reported a record-breaking year with pre-tax profits soaring to £15.71m and revenues surpassing £100m for the first time, indicating robust growth across their ‘Defence and Security’ division. The company’s order book has increased by 40% to £162m, while cash reserves have reached an all-time high. Despite challenges in other sectors and the ongoing war in Eastern Europe impacting their ‘Petrol Station Superstructures’ division, the firm recommends a higher dividend of 19.5p per share for the year.
For further insights into GB:MSI stock, check out TipRanks’ Stock Analysis page.