Financial Summary

Company Background

Primary Country Listing UK
Status Full
Index FTSE All Share, FTSE 250
Sector Support Services
Activities Speciality plastic, fibre, foam and packaging products supplier

 

Results for year ended 31 December 2020

 

FY 2020

FY 2019 

% change Actual FX 

% change Constant FX 

Revenue  

£897m 

£974m 

-8 

-7 

Adjusted1 operating profit  

£62m 

£88m 

-29 

-28

Adjusted1 pre-tax profit  

£46m 

£73m 

-37

-35 

Adjusted1 net income2 

£37m 

£59m 

-36 

-35

Adjusted1 basic earnings per share 

13.1p 

21.3p 

-38 

-37 

Dividend per share 

3.3p 

6.3p 

- 48

n/a 

Net debt 

£210m 

£284m 

-26 

n/a 

Net debt to EBITDA 

1.8x 

2.0x 

n/a 

n/a 

Net debt to EBITDA (pre IFRS16)

1.5x 

1.9x 

n/a 

n/a 

Free cash flow3 

£56.9m 

£40.7m 

n/a 

n/a 

 

 

 

 

 

Reported operating profit  

£22m 

£80m 

-73 

-72

Reported pre-tax profit  

£6m 

£66m 

-91

-91 

Reported net income2 

£6m 

£41m 

-85

-84

Reported basic earnings per share 

1.7p 

14.7p 

-88

-88
1 Before amortisation of acquired intangible assets and adjusting items
2  Net income is defined as profit after tax, before minority interests
3  A reconciliation of free cash flow is set out in the Financial Review on page 46

Annual Report

Reports and Accounts

 

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