8 December 2016 – final results
In the year to 30 September 2016 revenue was up almost 205 at £149.0m (2015: £124.3m). Underlying profit before tax increased by 18.6% to £26.1m (2015: £22.0m) and underlying diluted earnings per share jumped from 31.79p to 38.03p. A final dividend of 6.25p was declared (2015: 5.60p) and the full year dividend is 9.25p (2015: 8.40p). The shares do not look expensive despite being as high as they have been for some time and we keep our BUY rating.