Financial Highlights

Five year summary

Non Statutory Income Statement Information2018
€m
2017
€m
2016
€m
2015
€m
2014
€m
Revenue330.2335.1325.4320.6290.1
Other operating expenses and employee benefits expense (261.8)(254.1)(241.9)(245.1)(239.6)
Depreciation and amortisation(22.1)(20.7)(20.9)(18.3)(17.8)
46.362.657.232.7
Non-trading items ¹13.728.7--28.7
Interest (net)
(0.8)(1.3)(2.2)(3.1)(4.7)
Profit before taxation 59.287.760.454.156.7
Taxation(1.4)(4.4)(1.6)(0.4)(0.7)
Profit from continuing operations57.883.358.853.756.0
Discontinued operations
Profit from discontinued operations----
Non-trading items ¹: Gain on disposal of discontinued operations----
Total discontinued operations----
Profit for the year57.883.358.853.756.0
EBITDA (including trading from discontinued operations)68.481.083.575.550.5
Per share information:€cent€cent€cent€cent€cent
Earnings per share
-Basic30.444.131.428.930.4
-Adjusted ²23.131.031.429.115.5
Dividend per share12.77012.1611.58011.02510.5
Shares in issue (excluding treasury shares):mmmmm
-At year end190.3189.9188.3186.4184.5
-Average during the year190.0188.8187.5185.8184.4

¹ Non-trading items are material non-recurring items that derive from events or transactions that fall outside the ordinary activities of the Group and which individually, or, if of a similar type, in aggregate, are separately disclosed by virtue of their size or incidence.

² Adjusted earnings exclude pension interest and non-trading items.

Note: Summary extracted from audited financial statements

Non Statutory Consolidated Statement of Financial Position2018
€m
2017
€m
2016
€m
2015
€m
2014
€m
Property, plant and equipment and intangible assets308.1250.0205.1170.9154.7
Retirement benefit surplus2.58.12.45.65.4
Other assets203.7135.284.167.959.4
Total assets514.3393.3291.6244.4219.5
Equity capital and reserves252.9223.8144.4115.561.3
Retirement benefit obligation4.23.415.910.729.5
Other non-current liabilities205.751.55.360.071.5
Current liabilities51.5114.6126.058.257.2
Total equity and liabilities514.3393.3291.6244.4219.5
Note: Summary extracted from audited financial statements
Non Statutory Consolidated Statement of Cash Flows2018
€m
2017
€m
2016
€m
2015
€m
2014
€m
Net cash inflow from operating activities61.571.882.168.239.7
Net cash inflow/(outflow) from investing activities(158.8)27.7(55.6)(34.8)10.0
Net cash inflow/ (outflow) from financing activities131.4(51.3)(7.8)(28.0)(48.9)
Cash and cash equivalents at the beginning of the year90.342.225.019.418.5
Effect of foreign exchange rate changes0.3(0.1)(1.5)0.20.1
Closing cash and cash equivalents124.790.342.225.019.4
Net cash/(debt)€m
(80.3)
€m
39.6
€m
(37.9)
€m
(44.3)
€m
(61.3)
Net Debt / EBITDATimes
1.2x
Times
N/A
Times
0.5x
Times
0.6x
Times
1.2x
Gearing (Net debt as a percentage of shareholders’ funds)32%N/A26%38%100%
Note: Summary extracted from audited financial statements