STM Group Plc declared an interim dividend for the six months ended 30 June 2016 of 0.5 pence per share. The company announced nil dividends for the same period a year ago. The interim dividend is expected to be paid on 3 November 2016 to those shareholders on the register on 30 September 2016. The ordinary shares will become ex-dividend on 29 September 2016.

The company announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the six months, the company reported revenue of £7,884,000 against £8,321,000 a year ago. Profit on ordinary activities before taxation was £1,210,000 against £1,368,000 a year ago. Profit on ordinary activities after taxation was £1,349,000 or 2.16 pence diluted per share against £770,000 or 1.38 pence diluted per share a year ago. Net cash from operating activities was £2,272,000 against £2,168,000 a year ago. Acquisition of property, plant and equipment was £89,000 against £15,000 a year ago. Earnings before interest, taxation, depreciation and amortization (EBITDA) were £1.3 million against £1.6 million a year ago. Underlying earnings per share impact of tax refund was 1.10 pence against 1.38 pence a year ago.

The board announced that Alan Kentish having acted as Interim Chief Executive Officer since 1 April 2016, has now been permanently appointed to this role.