7 March 2018 – final results
Results for 2017 have been released and these contained few surprises given the trading update released in late January. Revenue was £29.2m (2016: £24.3m) and there was a 10% increase in adjusted EBITDA to £5.1m (2016: £4.6m). A final dividend of 4.5p (2016: 5.5p) per share takes the total dividend for the year to 6.5p (2016: 5.5p). Cash balances were £13.6m at the period end. Overall these are reassuring results and we continue to believe that the shares are ATTRACTIVE.