Carr's Group increases its 2016 final dividend by 2.7%

DividendMax Ltd.

Carr's Group increases its 2016 final dividend by 2.7%

Financial highlights

Revenue down 4.9% to £314.9m (2015: £331.3m)

EBITDA up 6.6% to £16.5m (2015: £15.5m)

Operating profit up 5.6% to £12.8m (2015: £12.1m)

Profit before taxation up 2.8% to £14.1m (2015: £13.7m)

Basic EPS up 7.0% to 10.7p (2015: 10.0p)

Adjusted EPS up 6.9% to 10.9p (2015: 10.2p)

Proposed final dividend of 1.9p up 2.7% resulting in a total for the year of 3.8p (2015: 3.7p), excluding the special dividend of 17.54p

Capital expenditure of £7.3m during the year

Net cash of £8.1m at the year-end (2015: net debt of £24.4m) following disposal of the Food division

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