Financial highlights
Revenue £118.4m (2014: £109.2m)
EBITDA £30.7m (2014: £24.0m)
Operating profit £22.7m (2014: £15.3m)
Operating margin 19% (2014: 14%)
Profit before tax £22.7m (2014: £14.9m)
Diluted adjusted earnings per share 6.0p (2014: 3.9p)
Closing order book £32.9m (2014: £32.5m)
Net cash of £37.0m (April 2014: £6.1m) including net proceeds from Travel disposal
Statutory results
Revenue from continuing operations £118.4m (2014: £109.2m)
Profit from continuing operations (after tax) £10.8m (2014: £7.8m)
Profit from discontinued operations £33.9m (2014: £4.5m)
Profit for the year £44.7m (2014: £12.3m)
Basic statutory earnings per share from continuing operations 3.8p (2014: 2.7p)
Diluted earnings per share from continuing operations 3.6p (2014: 2.6p)
Operating highlights
Device & Infrastructure Testing - year of recovery based on growth from Interoperability Testing and Channel Emulation
Network Testing - strong performance throughout year with first contribution from Xceed
Maintained significant R&D investment £23.1m (2014: £20.8m)
Travel disposed of on 29 May 2014 for total cash consideration of £42.5m
Current trading
Market conditions continue to be mixed
Year has started in line with expectations
Offer from Keysight Technologies Inc.
On 17 June 2015 Keysight Technologies Inc. ("Keysight") announced a recommended 126p per share cash acquisition of Anite. The acquisition remains subject to Anite shareholder approval. A copy of the announcement can be found at www.anite.com/investor-relations.
Dividend
In accordance with the terms of the recommended cash offer from Keysight, the Board is not proposing the payment of a final dividend (2014: 1.265p).
