XL Media 2017 interim results
Record revenue performance of $67.9 million, up 33% (H1 2016: $51.2 million)
Strong organic revenue growth of 32% in publishing division and 12% in the media division;
Gross profit increased 30% to $35.2 million (H1 2016: $27.0 million);
Adjusted EBITDA increased 30% to $22.9 million (H1 2016: $17.7million);
Profit before tax up 23% to $19.5 million (H1 2016: $15.8 million);
Interim dividend of $8.0 million or 4.0226 cent per share, an increase of 5% (H1 2016: 3.8205 cent per share); and
Strong balance sheet with $43.1 million cash and short term investments underpins key growth initiatives.
