Gross profit (FY, 2016)440.5 M

Gross profit margin (FY, 2016), %48%

Net income (FY, 2016)53.6 M

EBITDA (FY, 2016)144.9 M

EBIT (FY, 2016)93 M

Closing share price, 11-Sep-20173.2

Cash, 31-Dec-201667.9 M

EV1.2 B

GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|---|

## Revenue | 764.5 m | 856 m | 884.8 m | 926.4 m |

## Revenue growth, % | 12% | 3% | ||

## Cost of goods sold | 382.1 m | 436.6 m | 460 m | 485.9 m |

## Gross profit | 382.4 m | 419.4 m | 424.8 m | 440.5 m |

## Gross profit Margin, % | 50% | 49% | 48% | 48% |

## Operating expense total | 282.8 m | 359.3 m | 330.1 m | 347.5 m |

## EBITDA | 142.6 m | 105.2 m | 143.6 m | 144.9 m |

## EBITDA margin, % | 19% | 12% | 16% | 16% |

## EBIT | 99.6 m | 60.1 m | 94.7 m | 93 m |

## EBIT margin, % | 13% | 7% | 11% | 10% |

## Pre tax profit | (51.9 m) | (7 m) | 73.6 m | 73.2 m |

## Income tax expense | 154.1 m | 13 m | (13.6 m) | (19.6 m) |

## Net Income | 102.2 m | 6 m | 60 m | 53.6 m |

GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|---|

## Cash | 111.5 m | 74.5 m | 78.9 m | 67.9 m |

## Accounts Receivable | 87.9 m | 108 m | 95.7 m | 80.8 m |

## Inventories | 26.2 m | 26 m | 29 m | 28.1 m |

## Current Assets | 268.9 m | 240.4 m | 242.6 m | 215.1 m |

## PP&E | 813.9 m | 846.6 m | 895.5 m | 991.5 m |

## Goodwill | 514.9 m | 519.1 m | 519.1 m | |

## Total Assets | 1.6 b | 1.6 b | 1.7 b | 1.7 b |

## Accounts Payable | 38 m | 50.8 m | 46.8 m | 49.7 m |

## Current Liabilities | 859.1 m | 109.8 m | 112.5 m | 122.2 m |

## Non-Current Liabilities | 1 b | 541.3 m | 547.1 m | 566.9 m |

## Total Debt | 5.3 m | 4.9 m | 4.5 m | |

## Total Liabilities | 1.9 b | 651.1 m | 659.6 m | 689.1 m |

## Additional Paid-in Capital | 4 m | 4 m | 4 m | |

## Retained Earnings | 102.2 m | 6 m | 47.6 m | 38.8 m |

## Total Equity | (256.2 m) | 955 m | 997.6 m | 1 b |

## Debt to Equity Ratio | 0 x | 0 x | 0 x | |

## Debt to Assets Ratio | 0 x | 0 x | 0 x | |

## Financial Leverage | -6.3 x | 1.7 x | 1.7 x | 1.7 x |

Y, 2016 | |
---|---|

## EV/EBITDA | 8.4 x |

## EV/EBIT | 13.1 x |

## EV/CFO | 6.9 x |

## Financial Leverage | 1.7 x |