One Health Group demonstrates solid growth, setting new records for turnover

One Health Group plc (AQSE: OHGR), the independent provider of free, high quality NHS care for patients referred through ‘Patient Choice’ for treatment in Orthopaedics, Spine, General Surgery and Gynaecology, is pleased to announce its audited results for the year ended 31 March 2024.

Financial Highlights

·    Turnover of £23.3m (2023: £20.5m) an increase of 14%

·    Underlying operating profit £1.62m (2023: £1.53m) an increase of 6%

·    Underlying earnings per share of 10.22p (2023: 11.3p), reflecting the increase in the rate of corporation tax to 25% (2023:19%)

·    Cash at bank at year end of £4.7m (2022: £3.3m) an increase of 42%, providing substantial resources for continued investment in growth and underpinning the Group’s dividend policy.

·    Final dividend proposed of 4.07p per share, in line with the Board’s stated dividend policy

·    Total dividend paid in respect of the financial year of 6.10p per share, with dividend cover of 1.8 times.

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