Harvest Technology plc has announced a net interim dividend of €683,419 equivalent to €0.03 per share.

Shareholders of the company as at 15th December 2024 will be entitled to receive their share of the dividend, which will be paid out on or around 19th December.

The dividend will be the second interim dividend paid out by the company this year, following another paid out at the end of August, of €341,710.

The announcement of an interim dividend comes despite the company posting weaker results for the first half of 2025, generating €7.32 million in revenue, down from €9.09 million during the same period last year. This resulted in an operating loss of €87,660, a sharp contrast to the €930,756 operating profit recorded in the first half of 2024.

The group also reported a loss before tax of €90,255 and a loss after tax of €57,992, compared to the significant profits reported in 2024. As at 30th June 2025, the group’s net assets stood at €13.3 million, largely unchanged from year-end 2024.

The decline in performance was driven primarily by lower revenue from the group’s retail and IT solutions segment.

Several major projects had been completed in 2024, and similar large-scale engagements did not recur in the current review period. As a result, contract assets also fell as the group shifted towards shorter-term service contracts.

This change in project mix contributed to the overall contraction in revenue during the first half of the year.

Harvest Technology plc operates through three main subsidiaries: PTL Ltd, which provides systems integration and IT solutions; APCO Ltd, which offers automation services; and APCO Systems Ltd, which delivers payment processing solutions under the Apcopay brand.