Financial Highlights
Revenue reduced by 4.2% to £159.8m (2015: £166.8m) reflecting the planned closure of loss making stores and difficult trading conditions in H1 2016
Product gross margin strengthened to 62.0% (2015: 61.5%)
Profit before tax increased by 1.1% to £10.3m (2015: £10.1m)
Earnings per share increased 4.3% to 16.9p (2015: 16.2p)
Strong cash conversion with cash balance of £15.0m (2015: £14.2m)
Board proposing two dividends to be paid:
o Final dividend of 6.8p per share
o Special dividend of 8.0p per share
