Murgitroyd Group plc Proposes Final Dividend for the Year Ended 31 May 2016, Payable on 11 November 2016; Reports Preliminary Audited Consolidated Earnings Results for the Year Ended May 31, 2016
The company reported preliminary audited consolidated earnings results for the year ended May 31, 2016. For the year, the company reported revenue of £42.2 million compared to £39.8 million a year ago. Diluted earnings per share were 35.03 pence compared to 34.51 pence a year ago. Profit before income tax increased to £4.29 million compared to £4.16 million a year ago. Net cash flow from operating activities was £3.5 million compared to £2.5 million a year ago. Operating profit was £4.29 million compared to £4.18 million a year ago. Profit for the year attributable to equity holders of the parent was £3.16 million compared to £3.12 million a year ago. Acquisition of property, plant and equipment was £165,000 compared to £150,000 a year ago. Acquisition of intangible fixed assets was £59,000 compared to £40,000 a year ago.