Stilo International plc Recommends Final Dividend for the Year 2016, Payable on May 23, 2017; Announces Preliminary Audited Consolidated Earnings Results for the Year Ended 31 December 2016
The company announced preliminary audited consolidated earnings results for the year ended 31 December 2016. For the year, the company reported revenue - continuing operations of £1,761,000 against £1,517,000 a year ago. Operating profit was £312,000 against £255,000 a year ago. Profit before tax was £318,000 against £261,000 a year ago. Profit for the year attributable to the equity shareholders of the parent company was £331,000 against £309,000 a year ago. Diluted earnings per share were 0.28 pence against 0.28 pence a year ago. Net cash generated from operating activities was £411,000 against £387,000 a year ago. Purchase of plant and equipment was £11,000 against £12,000 a year ago. In 2016, the results for Stilo show an increase in EBITDA to £327,000 against £272,000 a year ago.