Business
Final Results
Final Results.
About this update from Wilmington Plc
[{"type":"text","content":"\n \nRNS Number : 5665Q Wilmington PLC 13 September 2017 \n\n13 September 2017 WILMINGTON PLC\n('Wilmington', 'the Group' or 'the Company')\nFinancial results for the twelve months ended 30 June 2017\n \nWilmington plc, the provider of information, education and networking services in Risk & Compliance, Professional and Healthcare knowledge areas, today announces its full year results for the twelve months ended 30 June 2017.\nFinancial Highlights\n- Revenues for the year up 14% (£14.6m) to £120.3m (2016: £105.7m); up 9% on a constant currency1 basis\n- Organic revenue2 down 0.8% overall with growth offset by one off issues at AMT and declines in legal product lines \n- Adjusted measures345 now stated inclusive of share based payment costs of £0.6m (2016: £0.6m)\n- Adjusted EBITA3 increased by 6% (£1.4m) to £23.4m (2016: £22.0m) with EBITA margins at 19.4% (2016: 20.8%). Margins impacted by significant investment particularly in Compliance\n- Adjusted Profit before Tax4 up 5% to £21.4m (2016: £20.3m)\n- Profit before tax at £15.9m (2016: loss £3.4m)\n- Adjusted Earnings per Share5 up 5% to 19.05p (2016: 18.17p)\n- Basic earnings per Share 14.72p (2016: loss per Share 7.39p)\n- Final dividend increased 7% to 4.6p (2016: 4.3p); total dividends up 5% to 8.5p (2016: 8.1p)\n- Cash flow conversion6 at 114% (2016: 108%)\n \n1Constant currency - eliminating the effects of exchange rate fluctuation\n2Organic Revenue - eliminating the effects of exchange rate fluctuation and the impact of acquisitions\n3Adjusted EBITA - see note 3\n4Adjusted Profit before Tax - see note 3\n5Adjusted Earnings per Share - see note 10\n6Cash conversion represents the Operating...