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Billington Holdings reports a drop in revenue and profit in 2024 but plans a significant dividend increase.
Billington Holdings, a UK structural steel company, reported a 14.6% drop in revenue to £113.1 million and a decrease in profit before tax to £10.8 million for 2024, citing challenging market conditions.
Despite the decline, the company maintained a strong cash balance and recommended a 25% increase in dividends to 25p per share.
CEO Mark Smith expressed optimism about a potential market recovery in 2025.
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Billington Holdings reporta una caída en ingresos y ganancias en 2024, pero planea un aumento significativo de dividendos.