Business
Final Results
Final Results.
About this update from Card Factory Plc
[{"type":"text","content":"\n\n7 May 2025\nCard Factory plc ('cardfactory' or the 'Group')\n \nPreliminary results for the year ended 31 January 2025\n \nStrong strategic progress driving profitable growth.\n \ncardfactory, the UK's leading specialist retailer of greeting cards, gifts and celebration essentials, announces its preliminary results for the year ended 31 January 2025 ('FY25').\n \nFinancial summary1\n\n\n\n\nFinancial Metrics\n\n\nFY25\n\n\nFY24\n\n\nChange £\n\n\nChange %\n\n\n\n\nRevenue\n\n\n£542.5m\n\n\n£510.9m\n\n\n£31.6m\n\n\n+6.2%\n\n\n\n\nEBITDA\n\n\n£127.5m\n\n\n£122.6m\n\n\n£4.9m\n\n\n+4.0%\n\n\n\n\nAdjusted Profit Before Tax2\n\n\n£66.0m\n\n\n£62.1m\n\n\n£3.9m\n\n\n+6.3%\n\n\n\n\nProfit Before Tax (PBT)\n\n\n£64.1m\n\n\n£65.6m\n\n\n£(1.5)m\n\n\n-2.3%\n\n\n\n\nAdjusted Leverage (exc. Leases)3\n\n\n0.7x\n\n\n0.4x\n\n\n0.3x\n\n\nn/a\n\n\n\n\nNet Debt (exc. Leases)\n\n\n£58.9m\n\n\n£34.4m\n\n\n£24.5m\n\n\n+71.2%\n\n\n\n\nCash from operations\n\n\n£105.6m\n\n\n£118.7m\n\n\n£(13.1)m\n\n\n-11.0%\n\n\n\n\nBasic EPS\n\n\n13.8p\n\n\n14.4p\n\n\n(1.4)p\n\n\n-4.2%\n\n\n\n\nAdjusted EPS\n\n\n14.3p\n\n\n13.5p\n\n\n0.8p\n\n\n+5.9%\n\n\n\n\nDividend per share\n\n\n4.8p\n\n\n4.5p\n\n\n0.3p\n\n\n+6.7%\n\n\n\n\n \n1.For further information and definitions of Like-for-like (LFL) and other alternative performance measures see Explanatory Notes (below) \"Alternative Performance Measures ('APMs').\n2.Adjusted PBT excludes transactions that are either one-off in nature or otherwise not part of the Group's underlying trading performance. In FY25 this includes one-off restructuring costs (£1.9 million), acquisition-related costs (£1.0 million), refinancing costs (£0.5 million) and unrealised gains on derivative contracts (£1.5 million).\n3. Adjusted leverage is the ratio of Net Debt (excluding lease liabilities) to EBITDA less lease related charges which is consistent with our covenant reporting.\n \nDarcy Willson-Rymer, Chief Executive Officer, commented:\n \n\"Our performance in FY25 demonstrates the strength and resilience of cardfactory and our strategy as we continue to evolve the business into a leading global celebrations group. We delivered strong revenue growth, outperforming the wider celebration occasions market. Further expansion of our store estate combined with continued development of our gift and celeb...