- Collagen products manufacturer Devro declared both an interim dividend, as well as the postponed 2019 final after reporting a slight fall in half-yearly profit.

For the six months ended 30 June 2020, pre-tax profit slipped to £13.5m from £13.6m on-year and revenue was 'marginally lower' at £119m, compared with £119.2m last year.

The company said it had resolved to declare the postponed 2019 final dividend of 6.3p a share in form of an interim dividend in addition to the 2020 interim dividend of 2.7p.

'Whilst trading conditions remain uncertain due to Covid-19, the board expects, based on underlying growth momentum and supported by cost savings actions, and FX at current rates, to make progress during 2020,' the company said.

At 9:05am: [LON:DVO] Devro PLC share price was +3.6p at 146.8p

Story provided by