The Board of Lakehouse plc proposes a final dividend of 0.5 pence per share for the year which, subject to shareholder approval, will be paid on 6 April 2017 to shareholders on the register at 10 March 2017.  This represents a total dividend of 1.5p per share for the year (2015: 1.9 pence).

The company reported consolidated earnings results for the year ended September 30, 2016. For the period, the company's revenue was £333,838,000 against £340,198,000 a year ago. Operating loss was £31,670,000 against operating profit of £4,579,000 a year ago. Loss before tax was £33,281,000 against profit before tax of £3,202,000 a year ago. Loss for the year attributable to the equity holders of the group was £29,268,000 against profit of £2,386,000 a year ago. Loss diluted per share was 18.6 pence against earnings per diluted share of 1.7 pence a year ago. Net cash used in operating activities was £4,044,000 against net cash provided by operating activities of £16,747,000 a year ago. Purchase of property, plant and equipment was £819,000 against £1,169,000 a year ago. Purchase of intangible assets was £291,000 against £491,000 a year ago. Total underlying EBITA was £10,909,000 against £22,224,000 a year ago. Underlying profit before tax was £9.9 million against £21.6 million a year ago. Net debt was £20.6 million as on December 31, 2016.