Highlights
75% increase in net profit after tax to $115.1 million (2015: $65.7 million) and 61% increase in operating profit to $124.4 million (2015: $77.2 million), contributing to a 21.1% ROE
Income increased by 59% to a record $163.4 million (2015: $103.0 million), driven by 60% increase in income from litigation-related investments to $140.2 million (2015: $87.9 million)
Earnings per share rose 68% to 53¢ (2015: 32¢)
Strong organic cash generation, with record investment recoveries of $216 million (2015: $146 million)
Annual dividend increase of 14.4% in USD terms and 38.3% in Sterling terms proposed, to total dividend of 9.15¢ per share (2015: 8.0¢); final dividend of 6.48¢ payable on 16 June 2017 with record date of 26 May 2017
Continuing demand for Burford's capital reflected in record new litigation finance investment commitments of $378 million, up 83% on 2015, sowing seeds for future income
Acquisition of Gerchen Keller Capital added $1.3 billion of new assets under management and enabled scale and income diversification through the contribution of recurring investment management fees
