Strategic Report
Growth in Numbers
The Group has grown both organically and through acquisition in the last number of years. In the five year period ending 2016, the Group has recorded a compounded growth rate of 8.2% in revenue and 10.6% in adjusted earnings per share.
Total Revenue1 (including share of joint ventures and associates) Group Revenue Adjusted EBITDA1 Adjusted EBITA1 Adjusted profit before tax1 Profit before tax Adjusted fully diluted earnings per share (cent)1
2016 €
2015 €
2014 €
2013 €
2012 €
2011 €
3,762m 3,105m 94.8m 73.7m 67.7m 50.6m 12.07
3,454m 2,875m 82.8m 64.1m 58.0m 46.8m 10.58
3,129m 2,667m 73.0m 56.7m 51.2m 44.3m 9.45
3,175m 2,638m 74.1m 58.7m 52.9m 48.2m 9.04
2,811m 2,432m 69.5m 53.7m 47.0m 36.4m 8.08
2,527m 2,284m 59.7m 45.0m 39.8m 34.4m 7.28
1. Key Performance Indicators Defined Total Revenue includes the Group’s share of the revenue of its joint ventures and associates. Adjusted EBITDA is earnings before interest, tax, depreciation, acquisition related intangible asset amortisation charges and costs, fair value movements on contingent consideration and exceptional items. It also excludes the Group’s share of these items within joint ventures and associates. Adjusted EBITA is earnings before interest, tax, acquisition related intangible asset amortisation charges and costs, fair value movements on contingent consideration and exceptional items. It also excludes the Group’s share of these items within joint ventures and associates. Adjusted profit before tax excludes acquisition related intangible asset amortisation charges and costs, fair value movements on contingent consideration and exceptional items. It also excludes the Group’s share of these items within joint ventures and associates. Adjusted fully diluted earnings per share excludes acquisition related intangible asset amortisation charges and costs, fair value movements on contingent consideration, exceptional items and related tax on such items. It also excludes the Group’s share of these items within joint ventures and associates.
10
Total Produce plc Annual Report and Accounts 2016