DX Group 2016 Final Results

DividendMax Ltd.

DX Group 2016 Final Results


FY results in line with revised management expectations and reflect the impacts outlined in H1

Revenue of £287.9m (2015: £297.5m)

EBITDA of £18.0m (2015: £33.7m)

Adjusted profit before tax and exceptional items of £11.5m (2015: £26.7m)

Exceptional (non-recurring) items of £92.1m - includes goodwill impairment of £88.4m (2015: nil) as announced with the interim results, a non-cash charge which reflected challenging industry conditions and profit decline

Reported loss before tax of £82.7m (2015: profit of £24.8m)

Adjusted EPS of 4.9p (2015: 10.9p) / Reported loss per share of 42.1p (2015: EPS of 9.9p)

Net debt at 30 June 2016 of £9.8m (2015: £1.8m)

Proposed final dividend of 1.5p per share (2015: 4.0p), subject to shareholder approval and in line with Board's commitment to full year dividend of 2.5p per share

Companies mentioned