Norcros plc Recommends Final Dividend for the Year Ended 31 March 2018, Payable on August 2, 2018; Reports Audited Consolidated Earnings Results for the Year Ended March 31, 2018
The company reported audited consolidated earnings results for the year ended March 31, 2018. For the year, the company reported revenue of £300.1 million against £271.2 million a year ago. Operating profit was £19.6 million against £16.8 million a year ago. Profit before taxation was £13.5 million against £11.5 million a year ago. Profit for the year from continuing operations was £9.9 million or 14.1 pence per diluted share against £8.5 million or 13.4 pence per diluted share a year ago. Underlying profit before taxation was £26.3 million against £22.9 million a year ago. Underlying earnings were £20.6 million against £17.6 million a year ago. Underlying diluted earnings per share amounted to 29.5 pence against 27.8 pence a year ago. Profit for the year was £9.9 million against £8.5 million a year ago. Net cash generated from operating activities was £17.5 million against £22.7 million a year ago. Purchase of property, plant and equipment and intangible assets was £7.7 million against £8.0 million a year ago. Underlying operating profit was £27.4 million against £23.8 million a year ago. Underlying operating cash flow was £31.0 million against £29.8 million a year ago. Net debt was £47.1 million against £23.2 million a year ago. Underlying EBITDA was £33.8 million against £30.2 million a year ago.