Lakehouse plc Proposes Final Dividend for the Year Ended September 30, 2017, Payable on April 6, 2018; Reports Consolidated Earnings Results for the Year Ended September 30, 2017
The company reported consolidated earnings results for the year ended September 30, 2017. For the period, the company's revenue was £299,526,000 against £327,197,000 a year ago. Operating loss was £1,084,000 against £34,041,000 a year ago. Loss before tax was £3,053,000 against £35,652,000 a year ago. Profit for the year attributable to the equity holders of the group was £10,000 against loss of £29,268,000 a year ago. Earnings per diluted share from continuing and discontinued operations were 0.0 pence against loss per diluted share of 18.6 pence a year ago. Loss per diluted share from continuing operations were 1.1 pence against 19.8 pence a year ago. Underlying earnings per diluted share from continuing and discontinued operations were 3.6 pence against 5.0 pence a year ago. Net cash provided by operating activities was £12,646,000 against net cash used in operating activities of £4,044,000 a year ago. Purchase of property, plant and equipment was £909,000 against £819,000 a year ago. Purchase of intangible assets was £462,000 against £291,000 a year ago. Total underlying revenue was £290,275,000 against £299,146,000 a year ago. Total underlying EBITA was £7,328,000 against £8,538,000 a year ago. As at September 30, 2017, the company's net debt was £1.3 million against £20.6 million a year ago.