Anite Reports Profit of £28MAnite Reports Profit of £28M

Profits up 64% year-on-year at test and measurement specialist

July 4, 2012

1 Min Read

SLOUGH, UK -- Anite plc ("Anite" or "the Company"), the leading provider of software solutions to the international wireless and leisure travel industries, today announces its final results for the year ended 30 April 2012.

Financial highlights (adjusted)

  • Order intake up 30% to £152.0m (2011: £116.6m)

  • Closing order book up 35% to £114.5m (2011: £84.9m)

  • Revenue up 31% to £122.5m (2011: £93.7m)

  • EBITDA up 54% to £34.2m (2011: £22.2m)

  • Operating profit up 64% to £28.8m (2011: £17.6m)

  • Operating margin of 24% (2011: 19%)

  • Profit before tax up 75% to £28.0m (2011: £16.0m)

  • Diluted earnings per share up 76% to 6.7p (2011: 3.8p)

  • Net cash of £16.9m (April 2011: £27.7m) after £21.6m swap liability settled in the year

    Statutory results

  • Revenue from continuing operations up 31% to £122.5m (2011: £93.7m)

  • Profit for the year of £18.5m (2011: £9.4m)

  • Basic earnings per share up 97% to 6.5p (2011: 3.3p)

  • Diluted earnings per share up 94% to 6.0p (2011: 3.1p)

    Anite plc

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