Irish Continental Group (Homepage) About Our Businesses Investors Media and Contacts Financial Highlights Revenue EBITDA Adjusted Earnings per Share Dividend per Share * The Group did not pay a final dividend for financial year 2019 and is not proposing any dividends in relation to financial year 2020. Notwithstanding the challenges posed by the Covid-19 pandemic in 2020, the Group maintained a strong liquidity position, generating free cash flow before strategic capital expenditure of €35.3m and a covenanted net debt to EBITDA ratio of 1.7x. David Ledwidge, Chief Financial Officer, 2020 Annual Report Summary extract of Income Statement 2020 €m 20193 €m 2018 €m 2017 €m 2016 €m Revenue 277.1 357.4 330.2 335.1 325.4 Operating expenses and employee benefits expense (235.0) (270.6) (261.8) (254.1) (241.9) Depreciation, impairment and amortisation (41.3) (36.8) (22.1) (20.7) (20.9) 0.8 50.0 46.3 60.3 62.6 Non-trading items 1 (11.2) 14.9 13.7 28.7 – Interest (net) (7.6) (3.4) (0.8) (1.3) (2.2) (Loss) / profit before taxation (18.0) 61.5 59.2 87.7 60.4 Taxation (1.0) (1.3) (1.4) (4.4) (1.6) (Loss) / profit for the year (19.0) 60.2 57.8 83.3 58.8 EBITDA (including trading from discontinued operations) 42.1 86.8 68.4 81.0 83.5 Per share information: €cent €cent €cent €cent €cent Earnings per share -Basic (10.2) 31.7 30.4 44.1 31.4 -Adjusted 2 (4.3) 23.8 23.1 31.0 31.4 Dividend per share – 13.410 12.770 12.160 11.580 Shares in issue at year end: m m m m m -At year end 187.0 187.4 190.3 189.9 188.3 -Average during the year 187.0 189.8 190.0 188.8 187.5 1. Non-trading items are material non-recurring items that derive from events or transactions that fall outside the ordinary activities of the Group and which individually, or, if of a similar type, in aggregate, are separately disclosed by virtue of their size or incidence. 2. Adjusted earnings exclude pension interest and non-trading items. 3. The figures for years prior to 2019 have not been restated for the effects of IFRS 16 which was adopted with effect 1 January 2019. The effect on the Consolidated Income Statement for financial year 2019 was to decrease operating expenses by €9.4 million, increase depreciation charges by €8.6 million, increase interest expenses by €1.0 million, a net reduction in profit after tax of €0.2 million. The effect on the Consolidated Statement of Financial Position was to increase assets by €35.3 million and liabilities by €35.5 million and reduce retained earnings by €0.2 million. +353 1 607 5700 info@icg.ie More information Home © 2020 ICG. All rights reserved. Irish Continental Group plc is a public company limited by shares and registered in Ireland. Registration No. 41043. Registered Address: Ferryport, Alexandra Road, Dublin 1, Ireland. Terms of Use Cookie Policy Privacy Policy Modern Slavery Staff Portal Designed & developed by: Source This website makes use of cookies to enhance browsing experience and provide additional functionality. Privacy policy Allow cookies