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Metrofile declares maiden dividend

Johannesburg - Metrofile Holdings [JSE:MFL], a group involved in the management of business records, has reported a 15.3% rise in normalised headline earnings per share from 7.2 cents to 8.3% cents for the six months ended December 31 2010.

This was achieved on the back of an 11.5% growth in revenue to R220m.

The group declared a maiden dividend of two cents per share for the half-year.

With regards to its outlook, the group said: "Metrofile expects to continue to grow revenue, Ebitda and Heps in the period ahead and anticipates similar growth to the first half for the year as a whole. The recovery in the economy has enhanced opportunities for the group. However, clients are still cautious in committing spend to project related business."
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