IN BRIEF: Keywords Studios lifts annual dividend as profit surges

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Keywords Studios PLC - London-based global video games technical and creative services provider - Reports annual earnings growth and says it has started the new year in line with expectations. Says revenue in 2022 rises 35% to €690.7 million from €512.2 million. Pretax profit increases 42% to €68.0 million from €48.0 million. Keywords proposes a final dividend of 1.60p per share, up 10% from 1.45p a year prior. It gives a yearly dividend of 2.37p, up 10% from 2.15p. Looking ahead, says trading in 2023 has started well, in line with its outlook for the year.

Chief Executive Officer Bertrand Bodson says: ‘We delivered an excellent performance in 2022, demonstrating the strength of our platform and the dedication and hard work of the 12,000 people within Keywords.’

Current stock price: 2,680.00 pence each, down 7.7% on Wednesday around midday in London

12-month change: up 28%

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