Business
Final Results - Replacement
Final Results - Replacement.
About this update from Empresaria Group Plc
[{"type":"text","content":"\n \nRNS Number : 8627Q Empresaria Group PLC 02 March 2016 \n\nThe following amendment has been made to the Final Results announcement released today 2 March 2016 at 0700 under RNS No 7102Q.\n \nThe record date of the dividend stated in the dividend paragraph below has now been corrected from 9 May 2016, to 6 May 2016.\n \nAll other details remain unchanged.\n \nThe full amended text is shown below.\n \n \n2 March 2016\n \nEmpresaria Group plc\n(\"Empresaria\" or the \"Group\") \n \nResults for the year ended 31 December 2015\n \nRecord profit before tax with growth in all KPIs\n \n \nEmpresaria, the international specialist staffing group, has continued to deliver on its strategy with record profit before tax and growth in earnings per share.\n \n\n\n\n\nFinancial Highlights\n\n\n \n2015\n\n\n \n2014\n\n\n \n% change\n\n\n \n% change (constant currency)\n\n\n\n\nRevenue\n\n\n£187.3m\n\n\n£187.9m\n\n\n(0.3%)\n\n\n3%\n\n\n\n\nNet fee income\n\n\n£49.2m\n\n\n£44.6m\n\n\n10%\n\n\n16%\n\n\n\n\nOperating profit\n\n\n£7.6m\n\n\n£6.4m\n\n\n19%\n\n\n29%\n\n\n\n\nAdjusted operating profit*\n\n\n£8.0m\n\n\n£6.6m\n\n\n21%\n\n\n30%\n\n\n\n\nProfit before tax\n\n\n£7.1m\n\n\n£5.9m\n\n\n20%\n\n\n30%\n\n\n\n\nAdjusted profit before tax*\n\n\n£7.5m\n\n\n£6.1m\n\n\n23%\n\n\n44%\n\n\n\n\nEarnings per share (diluted)\n\n\n9.3p\n\n\n7.5p\n\n\n24%\n\n\n\n\n\n\n\nAdjusted earnings per share*\n\n\n9.9p\n\n\n8.0p\n\n\n24%\n\n\n\n\n\n\n\nFinal dividend\n\n\n1.0p\n\n\n0.70p\n\n\n43%\n\n\n\n\n\n\n\n \n· Ten consecutive quarters of net fee income growth \n· Conversion ratio increased to 16.3% (2014: 14.7%)\n· Proposed final dividend increased by 43% to 1.0p (2014: 0.70p)\n· 26% reduction in net debt to £7.3m (2014: £9.8m)\n· Continued strength in Germany and Offshore Recruitment Services from India\n· Investments made in 2014 successfully integrated into Group\n· Purchase of Pharmaceutical Strategies in the USA\n \n* adjusted to exclude amortisation of intangible assets, exceptional items and gain or loss on disposal of business\n \nChief Executive Joost Kreulen said: \n\"Announcing record profit levels and our largest investment for eigh...