Norish plc reported preliminary consolidated earnings results for the year ended December 31, 2016. For the year, the company's revenue was £32,098,000 compared to £25,145,000 a year ago. Operating profit from continuing operations was £872,000 compared to £839,000 a year ago. Profit on continuing activities before taxation was £633,000 compared to £560,000 a year ago. Profit for the financial year from continuing operations was £441,000 compared to £512,000 a year ago. Profit for the financial year was £280,000 compared to £289,000 a year ago. Profit attributable to owners of the parent was £291,000 compared to £291,000 a year ago. Diluted earnings per share from continuing operations were 1.5 pence per basic and diluted share compared to 2.8 pence per basic and diluted share a year ago. Net cash from operating activities was £277,000 compared to net cash used in operating activities of £179,000 a year ago. Purchase of property, plant and equipment was £1,375,000 compared to £502,000 a year ago. Net debt at December 31, 2016 was £5.2 million compared to £3.2 million a year ago.

For the year 2017, the company expects to increase guidance to a range of 2.75 pence to 3 pence fully diluted adjusted earnings per share.