Page 6 - Sigmaroc Annual-Report 2023

SIGMAROC ANNUAL REPORT 2023
STRATEGIC REPORT
Financial highlights
Statutory results
REVENUE
£580.3m
EBITDA
£87.3m
EBITDA MARGIN
15.0%
PROFIT BEFORE TAX
£28.3m
EPS
1.95p
___
REVENUE
£580.3m
EBITDA
£116.7m
EBITDA MARGIN
20.1%
PROFIT BEFORE TAX
£71.2m
EPS
8.12p
31 December 2022: £538.0m
+8%
31 December 2022: 17.7%
-270bps
31 December 2022: £42.7m
-42%
1. Underlying results are stated before acquisition related expenses, certain finance costs, redundancy and reorganisation costs, impairments, amortisation of acquisition intangibles and share option expense. References to an Underlying profit measure throughout this Annual Report are defined on this basis. Non-underlying items are described further in the Chief Financial Officer’s report. These measures are not defined by UK IAS and therefore may not be directly comparable to similar measures adopted by other companies.
2. Net debt including IFRS 16 lease liabilities.
3. Free Cash Flow takes net cash flows from operating activities and adjusts for CapEx, net interest paid, and for the underlying result further adjusts for net non-underlying expenses paid and working capital payments relating to pre-acquisition accruals or purchase price adjustments. 4.Free Cash Flow conversion is FCF relative to underlying EBITDA.
31 December 2022: £538.0m
+8%
31 December 2022: £95.0m
-8%
31 December 2022: £101.7m
+15%
31 December 2022: 18.9%
+120bps
31 December 2022: £62.7m
+14%
31 December 2022: 4.89p
-60%
31 December 2022: 8.0p
+1%
Underlying1 results