Business
Preliminary Results - year ended 31 August 2017
Preliminary Results - year ended 31 August 2017.
About this update from Character Group Plc
[{"type":"text","content":"\n \nRNS Number : 3609Y Character Group PLC 05 December 2017 \n\nThe information contained within this announcement\nis deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.\nUpon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.\n \nLONDON: Tuesday, 5 December 2017 \n \n \nTHE CHARACTER GROUP PLC\n (\"Character\", \"Group\" or \"Company\")\nDesigners, developers and international distributor of toys, games and giftware\n \nPRELIMINARY RESULTS FOR THE YEAR ENDED 31 AUGUST 2017\n \n \n\"The cash generative nature of our model has ensured that the Group's balance sheet has strengthened and remains strong\"\n \n\"The Board is recommending, an increased final dividend of 10.0p per share. This reflects our continued confidence in the Company's ability to continue to generate and develop further sustainable cash flow.\"\n \n \n\n\n\n\nKEY PERFORMANCE INDICATORS \n\n\n12 months ended\n31 August 2017\n\n\n12 months ended\n31 August 2016\n\n\n%\nchange\n\n\n\n\nRevenue\n\n\n£115.3m\n\n\n£121.0m\n\n\n-4.7%\n\n\n\n\nUnderlying operating profit*\n\n\n£13.6m\n\n\n£12.7m\n\n\n+6.6%\n\n\n\n\nUnderlying pre-tax profit*\n\n\n£13.4m\n\n\n£12.6m\n\n\n+6.9%\n\n\n\n\nUnderlying basic earnings per share*\n\n\n52.01p\n\n\n47.63p\n\n\n+9.2%\n\n\n\n\nUnderlying diluted earnings per share*\n\n\n50.54p\n\n\n45.16p\n\n\n+11.9%\n\n\n\n\nUnderlying EBITDA*\n\n\n£16.0m\n\n\n£15.1m\n\n\n+5.7%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nOperating profit\n\n\n£12.4m\n\n\n£13.3m\n\n\n-6.9%\n\n\n\n\nPre-tax profit\n\n\n£12.2m\n\n\n£13.1m\n\n\n-6.8%\n\n\n\n\nEBITDA\n\n\n£14.8m\n\n\n£15.7m\n\n\n-5.5%\n\n\n\n\nBasic earnings per share\n\n\n47.46p\n\n\n48.54p\n\n\n-2.2%\n\n\n\n\nDiluted earnings per share\n\n\n46.11p\n\n\n47.70p\n\n\n-3.3%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nDividends per share for the year\n\n\n19.0p\n\n\n15.0p\n\n\n+26.7%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nNet assets \n\n\n£26.8m\n\n\n£22.9m\n\n\n+17.1%\n\n\n\n\nNet cash\n\n\n£11.5m\n\n\n£6.9m\n\n\n+66.9%\n\n\n\n\n \n\n\n\n\n*Excludes mark to market profit adjustments on FX derivative positions\n\n\n(£1.2m)\...