Laird PLC Final results for the year ended 31 December ...

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 each Laird share held, repres

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

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