Financial performance for 2016 reflects continued momentum despite challenging market conditions and with ongoing investment in people, operations and technology.
- Revenue increased by 45% to £434m from £299m in 2015.
- EBITDA, the Group’s preferred measure of profitability, increased 82% to £103m from £57m in 2015.
- The EBITDA margin increased to 24% (2015: 19%) with significant investment in people, operations and systems balanced with strong cost control.
- The Group delivered underlying organic revenue growth of 8% (2015: 5%).
“Integrating the Hyperion and RKH Groups quickly and efficiently to allow our businesses to continue to deliver growth and profitability has been critical. I am pleased that the significant efforts of those involved have allowed the Group to deliver a strong underlying performance whilst we continue to invest in the platform for the future, and my thanks go to all our employees for their efforts.”
Dominic Collins, Chairman.