Wilmington PLC - London-based provider of information and training for governance and risk & compliance - Pretax profit jumps to £24.6 million in the six months that ended December 31 from £5.5 million a year ago, due to the proceeds from the £24.3 million sale of its AMT financial training business in December. Adjusted pretax profit is £9.5 million, up 35% from £7.0 million, as revenue rises 6.9% to £58.9 million from £55.1 million. Organic revenue growth is 12%, amid a return of face-to-face events to pre-pandemic levels. Declares interim dividend of 2.4p, up 14% from 2.1p a year ago. Confirms outlook for full year is ahead of earlier expectations. ‘If the major face-to-face events happen in March as expected, we anticipate our profitability to improve still further,’ Chief Executive Officer Mark Milner says.

Current stock price: 248.00 pence, up 4.2% on Tuesday

12-month change: up 40%

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