Business
Preliminary results for the year ended 31 Jan 2020
Preliminary results for the year ended 31 Jan 2020.
About this update from Card Factory Plc
[{"type":"text","content":"\n \n \n RNS Number : 6129O\n Card Factory PLC\n 02 June 2020\n \n \n \n \n 2 June 2020\n \n \n Card Factory plc (\"Card Factory\" or the \"Group\")\n \n \n \n \n \n Preliminary results for the year ended 31 January 2020\n \n \n \n \n \n \n \n \n Card Factory, the UK's leading specialist retailer of greeting cards, dressings and gifts, announces its preliminary results for the year ended 31 January 2020 ('FY20').\n \n \n \n \n \n Highlights\n \n \n \n \n \n \n \n \n \n Financial Metrics\n \n \n \n \n Note\n \n \n \n \n FY20\n \n \n \n \n FY19\n \n \n \n \n \n \n \n Change\n \n \n \n \n \n \n Revenue\n \n \n \n \n \n \n \n £451.5m\n \n \n \n \n £436.0m\n \n \n \n \n 3.6%\n \n \n \n \n \n \n Card Factory LFL sales\n \n \n \n \n (i)\n \n \n \n \n (0.5%)\n \n \n \n \n (0.1%)\n \n \n \n \n \n \n \n \n \n Underlying Profit before tax\n \n \n \n \n (i)\n \n \n \n \n £67.2m\n \n \n \n \n £76.2m\n \n \n \n \n (11.8%)\n \n \n \n \n \n \n Profit before tax\n \n \n \n \n \n \n \n £65.2m\n \n \n \n \n £68.2m\n \n \n \n \n (4.4%)\n \n \n \n \n \n \n Underlying EBITDA\n \n \n \n \n (i)\n \n \n \n \n £125.9m\n \n \n \n \n £132.7m\n \n \n \n \n (5.1%)\n \n \n \n \n \n \n Underlying Basic EPS\n \n \n \n \n (i)\n \n \n \n \n 15.7p\n \n \n \n \n 18.0p\n \n \n \n \n (12.8%)\n \n \n \n \n \n \n Basic EPS\n \n \n \n \n \n \n \n 15.1p\n \n \n \n \n 15.4p\n \n \n \n \n (1.9%)\n \n \n \n \n \n \n Leverage\n \n \n \n \n (i)\n \n \n \n \n 2.30x\n \n \n \n \n 2.20x\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted Financial Metrics\n \n \n excluding accounting for IFRS 16 Leases\n \n \n \n \n (ii)\n \n \n \n \n FY20\n \n \n \n \n FY19\n \n \n \n \n \n \n \n Change\n \n \n \n \n \n \n Adjusted Underlying Profit before tax\n \n \n \n \n (i)\n \n \n \n \n £65.8m\n \n \n \n \n £74.6m\n \n \n \n \n (11.8%)\n \n \n \n \n \n \n Adjusted profit before tax\n \n \n \n \n (i)\n \n \n \n \n £63.8m\n \n \n \n \n £66.6m\n \n \n \n \n (4.2%)\n \n \n \n \n \n \n Adjusted Underlying EBITDA\n \n \n \n \n (i)\n \n \n \n \n £81.2m\n \n \n \n \n £89.4m\n \n \n \n \n (9.2%)\n \n \n \n \n \n \n Adjusted Underlying Basic EPS\n \n \n \n \n (i)\n \n \n \n \n 15.4p\n \n \n \n \n 17.6p\n \n \n \n \n (12.5%)\n \n \n \n \n \n \n Adjusted Basi...