Haynes Publishing Group plc Reports Consolidated Earnings Results for the Year Ended May 31, 2016
September 22, 2016 at 02:00 am EDT
Haynes Publishing Group plc reported consolidated earnings results for the year ended May 31, 2016. For the period, the company reported loss attributable to equity holders of the company of £1,779,000 or 11.8 pence per diluted share compared to loss attributable to equity holders of the company of £5,920,000 or 39.2 pence per diluted share reported in the same period last year. Revenue was £25,710,000 against £26,065,000 reported last year. Operating loss was £1,966,000 against £6,722,000 reported last year. Loss before taxation was £2,549,000 against £7,247,000 reported last year. Net cash generated by operating activities was £8,449,000 against £9,482,000 reported last year. Purchases of property, plant and equipment was £264,000 against £412,000 reported last year. Adjusted EBITDA was £8.4 million against Adjusted EBITDA of £8.7 million reported last year. Adjusted operating profit was £1.9 million against £2.5 million reported last year. Profit attributable to equity holders of the company before exceptional items was £1,150,000 against £1,621,000 reported last year. Adjusted basic earnings per share were 7.6 pence against 10.7 pence reported last year.