Financials

The Group delivered record revenue of £172.3 million in 2017 and we continue to generate strong levels of cash flow with EBITDA of £18.0 million, 3% higher than the previous year.

 

FY 2017 FY 2016 Change 
£m £m %
Group revenue 172.3 157.8 9
Capex  8.9 8.5 4
Underlying EBITDA* 18.0 17.4 3
Gross margin  55.1 52.0 6

 

*EBITDA is defined as earnings before interest, tax, depreciation and amortisation.