Continued growth in all areas

Strong aftersales performance drives record revenues and profits

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Download our 2016 annual report and financial statement here: PDF

Download our 2016 preliminary results here: PDF

Annual Report & Accounts for the year ended 29 February 2016

Robert Forrester interview on latest results
Interview with Robert Forrester, Chief Executive commenting on the results.
Analyst interview with Mike Allen from Zeus Capital
Analyst interview with Mike Allen from Zeus Capital
Annual Report 2016
Download the 2016 Annual Report.
127

Number of Retailers

Continued growth in all areas of the business delivering record revenues and profits

  • Adjusted* profit before tax up 24.5% to £27.4m
  • Record profit before tax rose 23.8% to £26.0m from £21m
  • Revenue up 16.8% to £2.42bn
  • Very strong cash generated from operations of £65.8m from £26.1m
  • Earnings per share up 24.4% to 6.06p from 4.87p
  • Adjusted* operating profit up 26%
  • Adjusted* earnings per share growth of 25.4%
  • Period end net cash of 23.1m from 15.7m
  • Final dividend up 21.4% to 0.85p per share from 0.70p per share: to be paid in July 2016

* adjusted for amortisation of intangible assets and share based payments charge.

Snapshot

Revenue

£2.42bn 2016
£2.07bn 2015

Adjusted Profit Before Tax

£27.4m 2016
£22.0m 2015

Basic Earnings Per Share

6.06p 2016
4.87p 2015

Total Units Sold

158,050 2016
140,815 2015

Operational Highlights

Current Trading and Outlook

Group well positioned for further growth

Results Past and Present

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