4 October 2016 – final results

Results for the year ended 30 June 2016.  Revenue was £119.5m (2015: £111.8m) and like-for-like sales were up 2.3%.  Profit before tax was £7.1m (2015: £2.9m) and adjusted profit before tax £9.2m (2015: £8.3m).  Earnings per share came in at 12.1p (2015: 4.6p) and the more meaningful adjusted earnings per share figure was 14.6p (2015: 12.8p).  A final dividend of 3.3p per share represents almost twice last year’s payout of 1.7p.  The shares are a BUY.