Marshalls 2017 final results
Revenue up 8% to £430.2 million (2016: £396.9 million), with like-for-like revenue (excluding CPM) up 6%
Profit before tax up 13% to £52.1 million (2016: £46.0 million), after charging approximately £1 million of acquisition costs
Return on capital employed improved 8% (180 basis points) to 24.8% (2016: 23.0%) on a like-for-like basis
EPS up 14% to 21.52 pence (2016: 18.95 pence)
CPM has traded strongly since acquisition and its integration is in line with our expectations
The Group's strong cash generation has continued
Net debt of £24.3 million (2016: £5.4 million cash) reflects cash outflow relating to the CPM acquisition of £41.4 million
Final ordinary dividend increased by 17% to 6.80 pence (2016: 5.80 pence) per share
Supplementary dividend of 4.00 pence (2016: 3.00 pence) per share
Strong start to 2018 - sales up 18% including CPM (up 4% underlying)
