Business
Prelim Results, Analyst & Investor Presentations
Prelim Results, Analyst & Investor Presentations.
About this update from Van Elle Holdings Plc
[{"type":"text","content":"\n\n23 July 2025\n \nVan Elle Holdings plc\n('Van Elle', the 'Company' or the 'Group')\n \n \nUnaudited Preliminary Results for the year ended 30 April 2025\nAnalyst Briefing & Investor Presentation\n \nPositioned for growth across key markets\n \nVan Elle Holdings plc, the UK's largest ground engineering contractor, announces its unaudited results for the year ended 30 April 2025.\n \nNote: Van Elle Canada Inc. has been classified as a discontinued operation and is excluded from the Group's financial results, which are presented below as continuing operations. The prior year comparatives have been restated accordingly. See note 4 for further details of discontinued operation performance.\n \n\n\n\n\n£m\n\n\nYear ended\n30 April 2025\n\n\nYear ended\n30 April 2024\n\n\n\n\nContinuing operations:\n\n\n \n\n\n\n\n\n\n\nRevenue1\n\n\n130.5\n\n\n139.1\n\n\n\n\nUnderlying EBITDA2\n\n\n13.9\n\n\n14.5\n\n\n\n\nUnderlying operating profit3\n\n\n5.5\n\n\n6.9\n\n\n\n\nOperating profit\n\n\n4.9\n\n\n7.2\n\n\n\n\nUnderlying operating profit margin3\n\n\n4.2%\n\n\n5.0%\n\n\n\n\nUnderlying profit before taxation3\n\n\n5.3\n\n\n6.7\n\n\n\n\nProfit before taxation\n\n\n4.6\n\n\n7.1\n\n\n\n\nUnderlying basic earnings per share\n\n\n3.5p\n\n\n4.5p\n\n\n\n\nBasic earnings per share\n\n\n2.9p\n\n\n5.0p\n\n\n\n\nNet funds excl. IFRS 16 property and vehicle lease liabilities4\n\n\n1.1\n\n\n5.5\n\n\n\n\nNet funds / (debt) 4\n\n\n(4.0)\n\n\n0.6\n\n\n\n\nUnderlying return on capital employed\n\n\n11.2%\n\n\n13.6%\n\n\n\n\nTotal dividend for the year\n\n\n1.2p\n\n\n1.2p\n\n\n\n\nDiscontinued operations:\n\n\n \n\n\n\n\n\n\n\nDiscontinued operation loss before tax\n\n\n(1.7)\n\n\n(1.4)\n\n\n\n\nUnderlying profit before tax (continuing and discontinued operations)\n\n\n3.6\n\n\n5.3\n\n\n\n\nProfit before tax (continuing and discontinued operations)\n\n\n3.0\n\n\n5.8\n\n\n\n\n1. Revenue including discontinued operations in year to 30 April 2025 of £134.0m (30 April 2024: £139.5m).\n2. EBITDA is defined as earnings before interest, tax, amortisation and depreciation.\n3. Non-underlying items in the year to 30 April 2025 relate to costs (£86,000) and deferred consideration (£410,000) associated with the acquisition of Albion Drilling, and Group restructuring costs (£116...