Financial Highlights

Five year summary

Non Statutory Income Statement Information2017
€m
2016
€m
2015
€m
2014
€m
2013
€m
Revenue335.1325.4320.6290.1264.7
Other operating expenses and employee benefits expense (254.1)(241.9)(245.1)(239.6)(215.5)
Depreciation and amortisation(20.7)(20.9)(18.3)(17.8)(19.2)
62.657.232.730.0
Non-trading items ¹28.7--28.7-
Interest (net)
(1.3)(2.2)(3.1)(4.7)(6.3)
Profit before taxation 87.760.454.156.723.7
Taxation(4.4)(1.6)(0.4)(0.7)(0.4)
Profit from continuing operations83.358.853.756.023.3
Discontinued operations
Profit from discontinued operations-----
Non-trading items ¹: Gain on disposal of discontinued operations----3.5
Total discontinued operations----3.5
Profit for the year83.358.853.756.026.8
EBITDA (including trading from discontinued operations)81.083.575.550.549.2
Per share information:€cent€cent€cent€cent€cent
Earnings per share
-Basic44.131.428.930.414.6
-Adjusted ²29.031.429.115.513.8
Dividend per share12.1611.58011.02510.510.0
Shares in issue (excluding treasury shares):mmmmm
-At year end189.9188.3186.4184.5184.0
-Average during the year188.8187.5185.8184.4183.7

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 Position2017
€m
2016
€m
2015
€m
2014
€m
2013
€m
Property, plant and equipment and intangible assets250.0205.1170.9154.7164.3
Retirement benefit surplus8.12.45.65.44.7
Other assets135.284.167.959.468.9
Total assets393.3291.6244.4219.5237.9
Equity capital and reserves223.8144.4115.561.342.2
Retirement benefit obligation3.415.910.729.541.4
Other non-current liabilities51.55.360.071.5100.7
Current liabilities114.6126.058.257.253.6
Total equity and liabilities393.3291.6244.4219.5237.9
Note: Summary extracted from audited financial statements
Non Statutory Consolidated Statement of Cash Flows2017
€m
2016
€m
2015
€m
2014
€m
2013
€m
Net cash inflow from operating activities71.882.168.239.735.6
Net cash inflow/(outflow) from investing activities27.7(55.6)(34.8)10.04.2
Net cash outflow from financing activities(51.3)(7.8)(28.0)(48.9)(43.7)
Cash and cash equivalents at the beginning of the year42.225.019.418.522.3
Effect of foreign exchange rate changes(0.1)(1.5)0.20.10.1
Closing cash and cash equivalents90.342.225.019.418.5
Net cash/(debt)€m
39.6
€m
(37.9)
€m
(44.3)
€m
(61.3)
€m
(93.4)
Net Debt / EBITDATimes
N/A
Times
0.5x
Times
0.6x
Times
1.2x
Times
1.9x
Gearing (Net debt as a percentage of shareholders’ funds)N/A26%38%100%221%
Note: Summary extracted from audited financial statements

UPCOMING EVENTS
30 Aug 2018 30 August 2018 announcement of Half Year results