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Final Results for the Year Ended 31 March 2018 26th June 2018

HML Holdings plc (AIM: HMLH), the property management services group, is pleased to announce its final results for the year ended 31 March 2018.

Financial and Operational Highlights:
Revenues up 24% to £25.97m (2017: £20.91m)
Adjusted operating profit up 20% to £2.21m (2017: £1.84m)*
EBITDA up 21% to £2.58m (2017: £2.14m)**
Profit before tax up 12% to £1.46m (2017: £1.30m)
Adjusted basic earnings per share 4.2p (2017: 3.9p)
Dividend per share proposed of 0.42p (2017: 0.37p)

*before interest, share based payment charges, amortisation and tax (see note 1)
**before interest, share based payment charges, depreciation, amortisation and tax

Commenting on the results, Robert Plumb, Chief Executive of HML said: 

The results for the year reflect the successful implementation of several initiatives at the operational level, aimed at maximising synergies and efficiency arising from our recent acquisitions. Against a backdrop of consolidation and increased government regulation in the sector, we believe that HML is well positioned to continue delivering shareholder value from the provision of property management services across the UK.”

CLICK HERE TO VIEW RESULTS. 

For further information:

HML Holdings Plc: 020 8439 8529
Robert Plumb, Chief Executive Officer
James Howgego, Chief Financial Officer

Tavistock Communications Group: 020 7920 3150
James Verstringhe, Jeremy Carey

finnCap: 020 7220 0500
Ed Frisby | Giles Rolls – Corporate Finance
Abigail Wayne – Corporate Broking

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