Simonds Farsons Cisk plc Reports Preliminary Audited Group and Company Earnings Results for the Year Ended 31 January 2016
May 11, 2016
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Simonds Farsons Cisk plc reported preliminary audited group and company earnings results for the year ended 31 January 2016. On group basis, revenue was EUR 84,918,000 compared to EUR 79,206,000 a year ago. Operating profit was EUR 11,475,000 compared to EUR 9,695,000 a year ago. Profit before tax was EUR 10,112,000 compared to EUR 8,235,000 a year ago. Profit for the year from continuing operations was EUR 10,981,000 compared to EUR 13,457,000 a year ago. Earnings per share for the year attributable to shareholders was EUR 0.374 compared to EUR 0.267 a year ago. Net cash generated from operating activities was EUR 16,453,000 compared to EUR 15,644,000 a year ago. Profit was EUR 11,223,000 compared to EUR 8,009,000 a year ago.
On company basis, revenue was EUR 46,679,000 compared to EUR 44,189,000 a year ago. Operating profit was EUR 9,468,000 compared to EUR 8,290,000 a year ago. Profit before tax was EUR 8,251,000 compared to EUR 6,955,000 a year ago. Profit for the year from continuing operations was EUR 9,764,000 compared to EUR 12,620,000 a year ago. Net cash generated from operating activities was EUR 14,174,000 compared to EUR 12,443,000 a year ago. Profit was EUR 8,967,000 compared to EUR 5,580,000 a year ago.
Simonds Farsons Cisk plc is a Malta-based holding company. The Company is engaged in manufacturing of branded beers and beverages, including a Cisk range of beers, Blue Label Amber Ale, the Kinnie range of soft drinks and San Michel table water among others. The Company segments include Brewing, production & sale of branded beers & beverages; Importation, wholesale & retail of food & beverages, including wines & spirits; and Operation of franchised food retailing establishments. The Company owns a range of beers and ciders brands, including Cisk Lager Beer, Cisk Excel Low-Carbohydrate Lager Beer, CISK 0.0 Alcohol-Free Lager BeerCISK 0.0 Alcohol-Free Lager Beer, Cisk Pilsner, Cisk Excel Low-Carbohydrate Lager Beer, CISK 0.0 Alcohol-Free Lager Beer, Cisk Pilsner, Cisk Export Premium Lager, Cisk Chill Lemon, Cisk Chill Berry, Cisk Chill Ginger & Lime, and others. Its non-alcoholic beverage brands include Kinnie, Diet Kinnie, Kinnie Zest, San Michel, and others.