1 Like for like includes 12 month comparative figures for businesses acquired in FY16 using 3 months pre-acquisition results from unaudited management information for INVE and unaudited 11 month proforma figures for Genetica Spring SAS

2 Adjusted EBITDA - Earnings before tax, interest, depreciation and amortisation and before exceptional including and acquisition related items

3Adjusted Profit Before Tax is profit before tax before amortisation, exceptional items and acquisition related expenditure

4 Net debt is cash and cash equivalents less loans and borrowings

5 Leverage is calculated per the facility agreement that governs the Group's principal revolving credit facility which excludes ringfenced non-recourse debt in respect of the new salmon breeding joint venture in Norway

Benchmark Holdings plc published this content on 23 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2018 07:54:03 UTC.

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