Five Year Summary

 

2022

2021

2020

20193

2018

€m

€m

€m

€m

€m

Summary extract of Income Statement

 

 

 

 

 

Revenue

584.9

334.5

277.1

357.4

330.2

Operating expenses and employee benefits expense

(457.7)

(282.2)

(235.0)

(270.6)

(261.8)

Depreciation and amortisation

(60.5)

(52.5)

(41.3)

(36.8)

(22.1)

 

66.7

(0.2)

0.8

50.0

46.3

Non-trading items 1

-

-

(11.2)

14.9

13.7

Interest (net)

(4.2)

(3.9)

(7.6)

(3.4)

(0.8)

Profit / (loss) before taxation

62.5

(4.1)

(18.0)

61.5

59.2

Taxation

(2.7)

(0.8)

(1.0)

(1.3)

(1.4)

Profit / (loss) for the year

59.8

(4.9)

(19.0)

60.2

57.8

 

 

 

 

 

 

EBITDA

127.2

52.3

42.1

86.8

68.4

 

 

 

 

 

 

Per share information:

€cent

€cent

€cent

€cent

€cent

Earnings per share

 

 

 

 

 

-Basic

33.6

(2.6)

(10.2)

31.7

30.4

-Adjusted basic 2

33.6

(2.7)

(4.3)

23.8

23.1

 

 

 

 

 

 

Dividend per share (declared)

14.09

9.00

-

4.42

12.77

 

 

 

 

 

 

Shares in issue at year end:

m

m

m

m

m

-At year end

170.8

182.8

187.0

187.4

190.3

-Average during the year

177.8

186.7

187.0

189.8

190.0

 

 

 

 

 

 

Summary extract of Statement of Financial Position

€m

€m

€m

€m

€m

Property, plant and equipment, right-of-use and intangible assets

405.6

387.3

353.0

353.5

308.1

Retirement benefit surplus

33.6

6.7

1.0

12.5

2.5

Other assets

134.7

117.9

224.9

225.8

203.7

Total assets

573.9

511.9

578.9

591.8

514.3

 

 

 

 

 

 

Equity capital and reserves

260.8

249.7

265.9

287.9

252.9

Retirement benefit obligation

0.4

1.4

2.2

3.7

4.2

Other non-current liabilities

195.8

154.8

141.6

229.3

205.7

Current liabilities

116.9

106.0

169.2

70.9

51.5

Total equity and liabilities

573.9

511.9

578.9

591.8

514.3

 

 

 

 

 

 

Summary extract of Consolidated Statement of Cash Flows

 

 

 

 

 

Net cash inflow from operating activities

126.3

57.8

46.1

84.8

61.5

Net cash (outflow) / inflow from investing activities

(72.7)

(52.7)

7.8

(52.3)

(158.8)

Net cash (outflow) / inflow from financing activities

(52.8)

(117.4)

(14.4)

(46.5)

131.4

Cash and cash equivalents at the beginning of the year

38.5

150.4

110.9

124.7

90.3

Effect of foreign exchange rate changes

(0.3)

0.4

-

0.2

0.3

Closing cash and cash equivalents

39.0

38.5

150.4

110.9

124.7

 

 

 

 

 

 

 

€m

€m

€m

€m

€m

Net debt

(171.1)

(142.2)

(88.5)

(129.0)

(80.3)

 

 

 

 

 

 

 

Times

Times

Times

Times

Times

Net debt / EBITDA

1.2x

2.6x

2.1x

1.5x

1.2x

 

 

 

 

 

 

Gearing (net debt as a percentage of shareholders’ funds)

66%

57%

33%

45%

32%

1. Non-trading items are material non-recurring items that derive from events or transactions that fall outside the ordinary activities of the Group and which individually, or, if of a similar type, in aggregate, are separately disclosed by virtue of their size or incidence.

2. Adjusted basic earnings per share exclude pension interest and non-trading items.

3 The figures for years prior to 2019 have not been restated for the effects of IFRS 16 which was adopted with effect 1 January 2019. The effect on the Consolidated Income Statement for financial year 2019 was to decrease operating expenses by €9.4 million, increase depreciation charges by €8.6 million, increase interest expenses by €1.0 million and a net reduction in profit after tax of €0.2 million. The effect on the Consolidated Statement of Financial Position was to increase assets by €35.3 million and liabilities by €35.5 million and reduce retained earnings by €0.2 million.