Final Results
Financial Highlights
· System sales1 increased by 12.8% to £598.6m (2011: £530.6m for 52 weeks)
· Record profit before tax2, including Germany and Switzerland, of £46.7m, up 10.8% (2011: £42.2m)
· Profit before tax2, excluding Germany and Switzerland, increased 14.2% to £49.7m (2011: £43.6m)
· Like-for-like sales3 growth of 5.0% in 612 UK mature stores (2011: 3.7% in 557 mature stores)
· Earnings per share (pre exceptional items):
o Diluted earnings per share up 14.1% to 21.95p (2011: 19.24p)
o Basic earnings per share up 13.8% to 22.17p (2011: 19.48p)
· Statutory basic earnings per share up 14.4% to 19.04p (2011: 16.65p)
· Final dividend increased by 16.2% to 7.90p per share (2011: 6.80p)
· Record of 69 new stores opened in the period (2011: 62 stores) with two closures (2011: three) resulting in a total of 805 stores in four countries as at 30 December 2012
· Online system sales increased by 46.3% to £268.6m (2011: £183.6m) with online sales accounting for 55.7% of UK delivered sales (2011: 44.3%). Of this, 19.7% of online orders were taken through a mobile device (2011: 10.1%)
· Adjusted net debt⁴ to EBITDA of 0.5:1 (2011: 0.4:1), highlighting our low financial leverage