Redde plc reported audited consolidated earnings results for the full year ended June 30, 2016. For the year, the company reported revenue of £379,244,000 compared to £248,671,000 for the same period a year ago. Operating profit from continuing operations was £29,980,000 compared to £21,202,000 last year. EBIT was £31,261,000 compared to £24,406,000 last year. Profit before taxation was £31,305,000 compared to £24,345,000 last year. Profit attributable to equity holders of the company was £25,194,000 or 8.26 pence per diluted share compared to £25,240,000 or 8.46 pence per diluted share last year. Net cash from operating activities was £42,073,000 compared to £36,793,000 last year. Purchase of property, plant and equipment was £2,032,000 compared to £1,503,000 last year. EBITDA was £43,013,000 compared to £31,585,000 last year. On adjusted basis, the company reported revenue was £379,244,000 compared to £248,671,000 for the same period a year ago. Operating profit from continuing operations was £33,219,000 compared to £21,972,000 last year. EBIT was £34,500,000 compared to £22,286,000 last year. Profit before taxation was £34,627,000 compared to £22,727,000 last year. Profit attributable to equity holders of the company was £28,056,000 or 9.20 pence per diluted share compared to £23,622,000 or 7.92 pence per diluted share last year. Net debt was £5.2 million.

The board of company to propose a final dividend of 5.15 pence per share, which if approved at the Annual General Meeting to be held on 26 October 2016 will be paid on 3 November 2016 to those shareholders on the register at the close of business on 7 October 2015. The shares will become ex-dividend on 6 October 2016.