FINANCIAL HIGHLIGHTS
· Group reported revenue growth +35%; full year total £1,083 million (2016: £803 million), driven by strong performance in both Television and Family and stable results in Film
· Group reported underlying EBITDA growth +24%; full year total £160 million (2016: £129 million)
· Group adjusted profit before tax growth +25%; full year total £130 million (2016: £104 million), Group reported profit before tax £37 million (2016: £48 million) after one-off items
· Diluted earnings per share was 3.0 pence per share (20.0 pence per share on an adjusted basis)
· Net debt leverage reduces from 1.4x for FY16 to 1.2x Group underlying EBITDA for FY17
· Full year dividend of 1.3 pence (2016: 1.2 pence) declared
OPERATIONAL HIGHLIGHTS
· Significant progress on the reshaping of the Film business, including progress on Fox and Sony partnerships and the renegotiation of a distribution arrangement with one of our partners, with associated one-off charges during the year
· Company structure evolving to underpin future growth with plans to combine Film and Television Divisions into a single studio operation, following establishment of a combined global sales team effective 1 April 2017
· Independent library valuation increased to US$1.5 billion at 31 March 2016 (2015: >US$1 billion) – does not yet include benefit of FY17 performance
· On track to double the size of the business over the five years to FY20
POST-PERIOD HIGHLIGHTS
· Confirmation of a new series of Peppa Pig, with 117 episodes to air over four years from Spring 2019
· Launch of MAKEREADY, a global content creation company with industry veteran Brad Weston
· Appointment of Joe Sparacio as Chief Financial Officer
FINANCIAL HIGHLIGHTS
· Group reported revenue growth +35%; full year total £1,083 million (2016: £803 million), driven by strong performance in both Television and Family and stable results in Film
· Group reported underlying EBITDA growth +24%; full year total £160 million (2016: £129 million)
· Group adjusted profit before tax growth +25%; full year total £130 million (2016: £104 million), Group reported profit before tax £37 million (2016: £48 million) after one-off items
· Diluted earnings per share was 3.0 pence per share (20.0 pence per share on an adjusted basis)
· Net debt leverage reduces from 1.4x for FY16 to 1.2x Group underlying EBITDA for FY17
· Full year dividend of 1.3 pence (2016: 1.2 pence) declared
OPERATIONAL HIGHLIGHTS
· Significant progress on the reshaping of the Film business, including progress on Fox and Sony partnerships and the renegotiation of a distribution arrangement with one of our partners, with associated one-off charges during the year
· Company structure evolving to underpin future growth with plans to combine Film and Television Divisions into a single studio operation, following establishment of a combined global sales team effective 1 April 2017
· Independent library valuation increased to US$1.5 billion at 31 March 2016 (2015: >US$1 billion) – does not yet include benefit of FY17 performance
· On track to double the size of the business over the five years to FY20
POST-PERIOD HIGHLIGHTS
· Confirmation of a new series of Peppa Pig, with 117 episodes to air over four years from Spring 2019
· Launch of MAKEREADY, a global content creation company with industry veteran Brad Weston
· Appointment of Joe Sparacio as Chief Financial Officer