Financial highlights
Revenue up 8% to £132.5m (2012: £122.5m)
EBITDA up 18% to £40.5m (2012: £34.2m)
Operating profit up 20% to £34.5m (2012: £28.8m)
Operating margin of 26% (2012: 24%)
Profit before tax up 23% to £34.3m (2012: £28.0m)
Diluted adjusted earnings per share up 24% to 8.3p (2012: 6.7p)
Closing order book down 6% to £107.3m (2012: £114.5m)
Net debt of £0.9m (April 2012: £16.9m net cash) after £26.2m acquisition of Propsim
Statutory results
Revenue from continuing operations £132.5m (2012: £122.5m)
Profit for the year £19.3m (2012: £18.5m)
Basic statutory earnings per share from continuing operations 6.8p (2012: 5.7p)
Diluted earnings per share from continuing operations 6.3p (2012: 5.3p)
Dividend
Proposed final dividend up 12% to 1.265p (2012: 1.125p)
- total dividend up 23% to 1.84p (2012: 1.50p)
Christopher Humphrey, Chief Executive, said:
"Anite has reported another good year, led by our Handset Testing business. The fundamental drivers of all our businesses are favourable and we are confident that they are well positioned for the future.
The Board believes that our strategy will reinforce Anite's position as a market leader. This year we made significant progress growing revenue and expanding into adjacent markets. We will continue to use the strength of our technology and resources to deliver further growth and increase shareholder value."
