Financial highlights:
Proforma Group revenue of £2,351.9m, up 11% driven by strong growth in Digital and European Retail
Proforma Group EBITDA of £380.7m, up 14%
Proforma Group operating profit of £264.3m, up 22%; Digital operating profit +125%, European Retail operating profit +219%
This result is in-line with the profit range reported in the 18 January 2017 trading statement (£275m to £285m) after adjusting for disposed shops (+£22.0m) and the change in treatment of amortisation of acquired intangibles (-£3.6m)
Reported Group operating loss of £202.4m is stated after charging non trading items of £323.6m which includes a £194.9m non-cash impairment charge and £128.7m relating primarily to other merger and integration related costs
Underlying EPS of 6.6p, reflects a 10% increase on 2015 after adjusting for a prior year one-off tax credit
Full year dividend of 3p (1p interim and 2p final)
Net Debt of £1,089.5m, 2.86x proforma EBITDA
