Leeds Group plc reported unaudited consolidated earnings results for the six months ended November 30, 2016. For the period, the company reported revenue of £21.057 million against £18.489 million a year ago. Profit from operations was £1.221 million against £1.031 million a year ago. Profit before tax was £1.074 million against £1.014 million a year ago. Profit for the period attributable to the equity holders of the parent company was £0.848 million or 3.1 pence per basic and diluted share against £0.692 million or 2.5 pence per basic and diluted share a year ago. Net cash out flows from operating activities was £1.147 million against £0.465 million a year ago. Purchase of property, plant and equipment was £1.248 million against £0.686 million a year ago. Purchase of intangible assets was £0.084 million. The weakness of sterling in recent months has had a material impact upon the Group's results. Sales growth of 13.9% over the first half of the previous financial year comprises a fall of 2.7% in sales at constant exchange rates, disguised by the translation effect of weaker sterling, which increased reported sales by 16.6%. Group net debt, which has increased substantially because of the recent property investments, was £5,549,000 at November 30, 2015 (November 30, 2015: £579,000; 31 May 2016: £2,646,000). Net cash outflow in the 6 months ended 30 November 2016 reflected the seasonal increase in working capital and capital expenditure as the Nordhorn factory extension was completed. Working capital is expected to fall from its seasonally high level during the second half-year.