Financial Highlights

(year ended 2 September 2023)

A STRONG PERFORMANCE IN A TRANSFORMATIONAL YEAR FOR THE GROUP

£143.2m

Revenue

£124.2m

2022

£120.3m

2021

£59.8m

Year End Engineering order book

£40.6m

2022

£39.7m

2021

5.20p

Dividend Per Share

5.20p

2022

5.00p

2021

£11.9m

Adjusted Operating Profit*

£11.1m

2021 (restated)**

£9.8m

2020 (restated)**

£11.2m

Adjusted Profit Before Tax*

£10.4m

2021 (restated)**

£8.9m

2020 (restated)**

10.0p

Adjusted Earnings Per Share*

10.1p

2021 (restated)**

8.3p

2020 (restated)**

£8.2m

Reported Operating Profit

£8.2m

2021 (restated)**

£7.2m

2020 (restated)**

£7.6m

Reported Profit Before Tax

£7.5m

2021 (restated)**

£6.3m

2020 (restated)**

6.4p

Basic Earnings Per Share

6.2p

2021 (restated)**

6.2p

2020 (restated)**

  • * Adjusted results are consistent with how business performance is measured internally and are presented to aid comparability of performance.
  • ** See note 39 for details of the prior year restatement in relation to the recognition of revenue from customer contracts within the Engineering division.