Entertainment One increases its 2016 full year dividend by 9%

DividendMax Ltd.

Entertainment One increases its 2016 full year dividend by 9%

Solid financial performance with strong growth in Television and Family, despite challenges in Film

- Group reported revenues up 2% to £803 million, driven by strong Television and Family performance, offset by weaker Film

- Group reported underlying EBITDA up 20% to £129 million, driven by organic Television and Family growth, and acquisitions completed during the year

- Group reported profit before tax up 9% at £48 million

- Diluted earnings per share was 9.6 pence per share (19.4 pence per share on an adjusted basis)

- Net debt leverage remains low at 1.4x Group underlying EBITDA

- 9% increase in dividend to 1.2 pence per share (2015: 1.1 pence per share)

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