NWF has delivered record results and significantly reduced net debt and is proposing an increased dividend.
- All divisions profitable and cash generative
- Headline profit before tax of £10.2 million (2017: £8.5 million)
- Diluted headline EPS of 16.7p (2017: 14.0p)
- Net debt of £6.4 million (2017: £13.0 million)
- Committed banking facilities in place to October 2023
1Headline operating profit excludes exceptional items (2017 only). Headline profit before taxation excludes exceptional items and the net finance cost in respect of the Group’s defined benefit pension scheme. Diluted headline EPS also takes into account the taxation effect thereon.