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Bus operator Rotala reported a fall in annual profit owing to acquisition costs and said it no longer planned to pay a final dividend due to Covid-19 uncertainty.
Pre-tax profit for the year through November declined to £2.6m, down from £3.7m on-year.
Revenue rose 8% to £67.5m but was more than offset by a rise in one-off expenses. Adjusted pre-tax profit rose 4% to £4.4m.
Rotala had planned to declare a final dividend of 1.95p per share.
'The board will consider at an appropriate time in the future whether it may be possible to pay a special interim dividend to replace the abandoned final dividend for 2019,' it said.