Business
Preliminary results for the year ended 31 Dec 2022
Preliminary results for the year ended 31 Dec 2022.
About this update from Eurocell Plc
[{"type":"text","content":"\n \n \n \n 16 March 2023\n \n \n \n \n EUROCELL PLC (Symbol: ECEL)\n \n \n \n \n PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2022\n \n \n \n \n Solid financial performance and continuing to gain market share\n \n \n \n Eurocell plc is a market leading, vertically integrated UK manufacturer, distributor and recycler of innovative window, door and roofline PVC building products\n \n \n \n \n \n \n \n \n \n \n Key financial performance measures (1)\n \n \n \n \n \n \n 2022\n \n \n \n \n \n \n 2021\n \n \n \n \n \n \n Change\n \n \n \n \n \n \n \n Revenue (£ million)\n \n \n \n \n 381.2\n \n \n \n \n 339.8\n \n \n \n \n 12%\n \n \n \n \n \n \n \n Underlying measures (2)\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 \n \n Adjusted operating profit (£ million)\n \n \n \n \n 31.3\n \n \n \n \n 29.7\n \n \n \n \n 5%\n \n \n \n \n \n \n Adjusted operating profit margin (%)\n \n \n \n \n 8.2%\n \n \n \n \n 8.7%\n \n \n \n \n (0.5)%\n \n \n \n \n \n \n Adjusted profit before tax (£ million)\n \n \n \n \n 28.7\n \n \n \n \n 27.7\n \n \n \n \n 4%\n \n \n \n \n \n \n Adjusted basic earnings per share (pence)\n \n \n \n \n 21.4\n \n \n \n \n 19.4\n \n \n \n \n 10%\n \n \n \n \n \n \n \n Reported measures\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 \n \n Operating profit (£ million)\n \n \n \n \n 29.1\n \n \n \n \n 29.7\n \n \n \n \n (2)%\n \n \n \n \n \n \n Profit before tax (£ million)\n \n \n \n \n 26.2\n \n \n \n \n 27.7\n \n \n \n \n (5)%\n \n \n \n \n \n \n Loss after tax from discontinued operations\n \n \n \n \n (2.3)\n \n \n \n \n (0.5)\n \n \n \n \n (1.8)\n \n \n \n \n \n \n Basic earnings per share (pence)\n \n \n \n \n 19.6\n \n \n \n \n 19.4\n \n \n \n \n 1%\n \n \n \n \n \n \n Capital investment (£ million)\n \n \n \n \n 12.3\n \n \n \n \n 16.7\n \n \n \n \n (4.4)\n \n \n \n \n \n \n Net debt (£ million) (3)\n \n \n \n \n 78.1\n \n \n \n \n 69.7\n \n \n \n \n 8.4\n \n \n \n \n \n \n Net debt, pre-IFRS 16 (£ million) (3)\n \n \n \n \n 14.4\n \n \n \n \n 11.0\n \n \n \n \n 3.4\n \n \n \n \n \n \n Total dividends per share for the year (pence)\n \n \n \n \n 10.7\n \n \n \n \n 9.6\n \n \n \n \n 11%\n \n \n \n \n \n \n \n \n \n \n Financial headlines\n \n \n \n \n \n \n \n •\n \n \n \n \n Delivered a solid financial performance against an increasi...