Chairman's Statement


For the year ended 31 December 2017, we are very pleased to report that your company achieved earnings before interest, tax, depreciation and amortisation (EBITDA) of £3.7million (2016: £2.4 million) and operating profit before depreciation, fair value adjustments and exchange movements (Adjusted EBITDA) of  £5.8million (2016: £1.5million).

Sir Michael Heller
Chairman
26 April 2017