Laird PLC Final results for the year ended 31 …

1 March 2018. Laird PLC. Final results for the year ended 31 december 2017 & Recommended Cash Acquisition Much improved results lay strong foundations for future 12 months to 12 months to Change 31/12/2017 31/12/2016. Revenue +17%. Underlying operating profit +24%. Operating profit / (loss) ( )m - Underlying profit before tax +32%. Profit / (loss) before tax ( )m - Underlying basic earnings per share * +6%. Basic earnings / (loss) per share* ( )p - Operating cash flow +84%. Cash generated from operations +10%. Net debt -52%. Dividend per share interim only -75%. Non-IFRS measures. For the definition and explanation of the use of this non-IFRS information, which is used throughout, and reconciliations to the most directly reconcilable IFRS line item, see the Appendix to this announcement. *2016 restated for the bonus element of the 2017 rights issue Recommended Cash Acquisition The Board is pleased to announce that it has reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Laird , to be effected by means of a scheme of arrangement under Part 26 of the Companies Act Under the terms of the acquisition, shareholders will be entitled to receive 200p in cash for

1 1 March 2018 Laird PLC Final results for the year ended 31 December 2017 & Recommended Cash Acquisition Much improved results lay strong foundations for future

Tags:

  Year, December, Ended, For the year ended 31, For the year ended 31 december

Information

Related search queries