Business
Results for the year ended 30 September 2021
Results for the year ended 30 September 2021.
About this update from Gooch & Housego Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9490T\n Gooch & Housego PLC\n 30 November 2021\n \n \n \n \n \n \n \n \n \n For immediate release \n \n \n \n \n 30 November 2021\n \n \n \n \n \n \n \n \n \n Gooch & Housego PLC\n \n \n (\"Gooch & Housego\", \"G&H\", the \"Company\" or the \"Group\")\n \n \n RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2021\n \n \n Gooch & Housego PLC (AIM: GHH), the specialist manufacturer of photonic components and systems, today announces its audited results for the year ended 30 September 2021.\n \n \n \n \n \n \n \n \n \n Year ended 30 September\n \n \n \n \n 2021\n \n \n \n \n 2020\n \n \n \n \n Change\n \n \n \n \n \n \n Revenue (£m)\n \n \n \n \n 124.1\n \n \n \n \n 122.1\n \n \n \n \n 1.6%\n \n \n \n \n \n \n Adjusted profit before tax (£m)*\n \n \n \n \n 12.6\n \n \n \n \n 9.8\n \n \n \n \n 29.4%\n \n \n \n \n \n \n Adjusted basic earnings per share (pence)*\n \n \n \n \n 41.0p\n \n \n \n \n 30.5p\n \n \n \n \n 34.4%\n \n \n \n \n \n \n Statutory profit before tax (£m)\n \n \n \n \n 4.7\n \n \n \n \n 5.4\n \n \n \n \n (13.2%)\n \n \n \n \n \n \n Basic earnings per share (pence)\n \n \n \n \n 13.6p\n \n \n \n \n 15.1p\n \n \n \n \n (9.9%)\n \n \n \n \n \n \n Total dividend per share (pence)\n \n \n \n \n 12.2p\n \n \n \n \n -\n \n \n \n \n N/A\n \n \n \n \n \n \n Net debt excluding IFRS16 (£m)\n \n \n \n \n 2.6\n \n \n \n \n 6.5\n \n \n \n \n (£3.9m)\n \n \n \n \n \n \n Net debt (£m)\n \n \n \n \n 9.2\n \n \n \n \n 14.7\n \n \n \n \n (£5.5m)\n \n \n \n \n \n \n · \n adjusted figures exclude the amortisation of acquired intangible assets, non-underlying items being restructuring costs, site closure costs, settlement of lease litigation, interest thereon and interest on deferred consideration, together with the related tax impact.\n \n \n Strategic\n \n \n · \n Trading reflected a strong and improving end markets and initial benefits from our manufacturing streamlining programme, more than offsetting currency headwinds and some supply chain issues.\n \n \n · \n Industrial laser demand continues to be strong, driven by 5G rollout, use of new more flexible materials in microelectronic manufacturing and high worldwide demand for semiconductors. \n \n \n · \n Medical lasers continue to grow as elective surgery recovers. Medical diagnostics remain at previous high levels.\n \n \n...