jtc plc on tuesday posted a 29 rise in pretax profit in 2022 on new business wins and said it expects to exceed its growth guidance this year the provider of fund corporate and privateclient services reported a pretax profit of 359 million pounds 445 million for the year ended dec 31 compared with gbp278 million in the prior year revenue increased 36 to gbp2000 million thanks to 12 net organic revenue growth while earnings before interest taxes depreciation and amortization more than doubled to gbp561 million from gbp266 million it said the board has declared a dividend of 998 pence a share up from 767 pence for the previous year we expect to exceed our guidance for organic growth and maintain a healthy pipeline of acquisition opportunities chief executive nigel le quesne said adding strong momentum has carried over into 2023 the group backed its mediumterm guidance of achieving net organic growth of between 8 to 10 per year an underlying ebitda margin of between 33 and 38 cash conversion of between 85 and 90 and net debt to underlying ebitda ratio of 20