Financial Highlights
Summary of Results
2019, 2018
| 31 December 2019 | 31 December 2018 Restated for IFRS16 |
% change | |
| Revenue | £271.5m | £244.9m | +11% |
| Mountie revenue | £268.2m | £239.0m | +12% |
| Adjusted operating profit | £55.2m | £51.8m | +7% |
| Profit before tax | £52.5m | £48.2m | +9% |
| Adjusted profit before tax | £54.5m | £51.2m | +6% |
| Basic earnings per share | 37.3p | 34.2p | +9% |
| Adjusted basic earnings per share | 38.8p | 36.3p | +7% |
| Cash flow generated from operations | £57.7m | £49.3m | +17% |
| Cash conversion | 108.4% | 100.9% | +7% |
| Net cash position at period end | £37.0m | £33.9m | +9% |