24 March 2017 – final results
In the year ended 31 December 2016 revenue increased by 74% to £306.8m (2015: £176.2m). Profit before tax increased 22% to £39.5m (2015: £32.4m) and earnings per share increased 23% to 21.5p (2015: 17.5p). The final dividend of 4.50p (2015: 3.80p) takes the total for the year to 7.00p (2015: 6.10p), a 15% increase. The net asset value per share increased 5% to 177p (2015: 168p). We continue to rate the shares as a BUY.