Card Factory increases its 2017 interim dividend by 12% and pays special

DividendMax Ltd.

Card Factory increases its 2017 interim dividend by 12% and pays special

Financial highlights

Revenues up 4.8% to £169.2m (H1 FY16: £161.4m)

o Card Factory like-for-like ("LFL") sales +0.2% (H1 FY16: +2.8%)

On an underlying basis:

o EBITDA growth of 5.1% to £34.2m (H1 FY16: £32.5m)

o Operating profit growth of 4.1% to £29.0m (H1 FY16: £27.8m)

o Profit before tax growth of 7.3% to £27.6m (H1 FY16: £25.7m)

o Basic EPS increased by 7.1% to 6.45 pence (H1 FY16: 6.02 pence)

o Leverage of 1.26 times underlying EBITDA for the 12 months ended 31 July 2016

Reported profit before tax growth of 12.5% to £27.0m (H1 FY16: £24.0m)

Interim dividend increased by 12.0% to 2.8 pence per share (FY16: 2.5 pence)

Special dividend of 15 pence per share (FY16: 15 pence), a return of £51.1m to shareholders

A total of £163.8m returned to shareholders via dividends since IPO just over two years ago

Companies mentioned