Business
Audited results for year ended 31 December 2016
Audited results for year ended 31 December 2016.
About this update from Science Group Plc
[{"type":"text","content":"\n \nRNS Number : 2936Y Science Group PLC 02 March 2017 \n\n \n \n\n\n\n\n\n\n\n2 March 2017\n\n\n\n\n \nSCIENCE GROUP PLC\n \n \nAUDITED RESULTS\nFOR THE YEAR ENDED 31 DECEMBER 2016\n \nScience Group plc (the 'Company') together with its subsidiaries ('Science Group' or the 'Group'), reports its audited results for the year ended 31 December 2016.\n \nSummary\n \n\n\n\n\n\n\n\n 2016\n\n\n2015\n\n\n\n\nGroup revenue\n\n\n£36.9m\n\n\n£31.2m\n\n\n\n\nAdjusted operating profit * \n\n\n£6.2m\n\n\n£5.3m\n\n\n\n\nStatutory profit before tax\n\n\n£3.0m\n\n\n£2.4m\n\n\n\n\nAdjusted basic earnings per share **\n\n\n11.4p\n\n\n10.3p\n\n\n\n\nStatutory earnings per share\n\n\n6.8p\n\n\n7.2p\n\n\n\n\nNet funds\n\n\n£11.3m\n\n\n£6.7m\n\n\n\n\nNet-funds-plus-freehold-property-per-share at year end \n\n\n84.5p\n\n\n67.3p\n\n\n\n\nProposed / actual dividend per share\n\n\n4.2p\n\n\n4.0p\n\n\n\n\n \n\n\n\n\nScience Group plc\n\n\n\n\n\n\n\nMartyn Ratcliffe, Chairman\nRebecca Hemsted, Finance Director\n\n\nTel: +44 (0) 1223 875 200\nwww.sciencegroup.com\n\n\n\n\n\n\n\n\n\n\n\n\nNumis Securities Limited\n\n\n\n\n\n\n\nNominated Adviser: Paul Gillam / Simon Willis\nCorporate Broking: Michael Burke\n\n\nTel: +44 (0) 20 7260 1000\n\n\n\n\n \n* Throughout this statement, adjusted operating profit is calculated as operating profit excluding impairment of goodwill and investments, amortisation of acquisition related intangible assets, acquisition integration costs, share based payment charges and other specified items.\n \n** Throughout this statement, adjusted earnings per share is calculated by dividing adjusted profit after tax by the weighted average number of shares in issue and the calculation of this measure is disclosed in Note 5. Adjusted profit after tax excludes adjusting items and includes a tax charge at the substantively enacted UK Corporation Tax Rate.\n \n \n\n\n \nChairman's Statement\nScience Group plc (the 'Company') together with its subsidiaries ('Science Group' or the 'Group') reports a further year of resilient operating performance for the year ended 31 December 2016, a period of succe...