Vectura Group 2016 final results

DividendMax Ltd.

Vectura Group 2016 final results

Financial Highlights

Significant strong financial performance with further transition of revenues to recurring royalties from recently launched products

Revenues up 24% to £72.0m (2014/15: £58.0m)

o Strong growth in royalty revenues, up 56% to £39.2m

o Strong growth in royalties from recently launched inhaled products, up 104% to £25.5m from £12.5m

EBITDA up 43% to £23.2m (2014/15: £16.2m)

Profit after tax up 35% to £5.0m (2014/15: £3.7m)

Basic EPS up 33% to 1.2p (2014/15: 0.9p)

Robust balance sheet with cash and cash equivalents of £99.8m (2015: £90.0m)

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