Financial Highlights
• Underlying revenue declined 2.6% to £49.4m (2015: £50.7m)
• Underlying operating profit up 15.1% to £18.0m (2015: £15.6m)
• Underlying operating profit margin increased by 5.6 percentage points to 36.4% (2015: 30.8%)
• Profit before tax increased 13.3% to £15.8m (2015: £14.0m)
• Cash generation of 79.7% (2015: 97.4%)
• Adjusted net debt of £8.2m at year end (£8.3m at 31 December 2015)
• Basic earnings per share of 27.0p (2015: 25.6p)
• Recommended final dividend of 12.7p, increasing the total dividend for the year by 1.6% to 19.05p (2015: 18.75p)
