21st Dec 2012 07:00
21 December 2012
Wilmington Group plc
Wilmington Group, the provider of Information, Compliance, and Education to professional markets will, as previously announced, report revenues and adjusted EBITA segmented into six business divisions (Legal, Banking & Compliance, Pensions & Insurance, Healthcare, Business Intelligence and Accountancy), as this more accurately reflects the way the Group is now being managed. In order to provide a comparison with the most recent historic financial period, Wilmington is today publishing a segmentation of the Consolidated Income Statement for the financial year ended 30 June 2012 under the six operating divisions. There is no change to any of the Group's accounting policies and there is no restatement of either revenues or profitability, other than this revised segmentation by the six operating division headings.
Wilmington Group plc | ||||
By business division | Year to 30 June 2012 | |||
Revenue | Costs | Net profit/ (loss) | ||
£'000 | £'000 | £'000 | ||
Legal | 21671 | -18873 | 2798 | |
Banking and Compliance | 15251 | -12198 | 3053 | |
Pensions and Insurance | 12481 | -7178 | 5303 | |
Healthcare | 12666 | -10062 | 2604 | |
Business Intelligence | 12388 | -8980 | 3408 | |
Accountancy | 10869 | -8804 | 2065 | |
Unallocated central overheads | -2759 | -2759 | ||
85326 | -68854 | 16472*1 | ||
Amortisation | -6046 | |||
Non-recurring items | -924 | |||
Share based payments | -464 | |||
Net finance costs | -2456 | |||
Unwinding of discounts | -254 | |||
Profit for the year before income tax | 6328 | |||
Income tax expense | -1274 | |||
Profit for the year | 5054 | |||
*1 Adjusted EBITA
More Information
For further information, please contact: | |
Wilmington Group plc Charles Brady, Chief Executive Tony Foye, Finance Director | 020 7422 6800 |
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