Wilmington Group plc announced unaudited consolidated earnings results for the six months ended December 31, 2015. For the period, the company reported revenue of £49,363,000 against £46,085,000 a year ago. Operating profit was £5,571,000 against £4,732,000 a year ago. Profit before tax was £4,547,000 against £3,708,000 a year ago. Profit attributable to owners of the parent was £3,418,000 or 3.90 pence diluted per share against £2,759,000 or 3.15 pence diluted per share a year ago. Net cash generated from operating activities was £5,980,000 against £4,289,000 a year ago. Purchase of property, plant and equipment was £290,000 against £548,000 a year ago. Purchase of intangible assets was £472,000 against £867,000 a year ago. Adjusted profit before income tax was £8,934,000 against £8,107,000 a year ago. Adjusted operating profit (adjusted EBITA) was £9,733,000 against £9,131,000 a year ago. Adjusted diluted earnings per share were 7.85 pence against 7.06 pence a year ago. Adjusted EBITA before depreciation (adjusted EBITDA) was £10,692,000 against £10,404,000 a year ago. Net debt at the end of December 2015 was £36.6 million, up by only £2.0 million on 31 December 2014 of £34.6 million.

The company announced that for the second half of fiscal 2016, it is on target to deliver another good set of results for the full year of 2016, in line with the expectations.