Gateley 2016 full year results

DividendMax Ltd.

Financial Highlights

Revenue increased 10.2% to £67.1m (2015: £60.9m)

Adjusted EBITDA** increased 13.3% to £12.8m (pro-forma 2015: £11.3m)

Profit before tax increased 12.2% to £11.0m (pro-forma 2015: £9.8m)

Basic EPS increased 5.7% to 8.18p (pro-forma 2015: 7.74p)

Proposed total year dividend of 5.639p (being 1.895p paid Interim dividend and 3.764p proposed final dividend) (pro-forma 2015: 5.15p)

Cash held at the period end increased from £2.7m to £9.8m, whilst net cash flow from operating activities was strong at 122% of profit after tax before one off transitional changes