Headlam Group plc reported consolidated earnings results for the year ended December 31, 2017. For the year, the company reported underlying revenue of £707,764,000 against £693,572,000 a year ago. Total revenue was £707,764,000 against £693,572,000 a year ago. Underlying operating profit was £43,783,000 against £41,072,000 a year ago. Operating profit was £41,384,000 against £39,145,000 a year ago. Underlying profit before tax was £43,118,000 against £40,106,000 a year ago. Profit before tax was £40,719,000 against £38,179,000 a year ago. Underlying profit for the year attributable to the equity shareholders was £35,142,000 against £32,505,000 a year ago. Profit for the year attributable to the equity shareholders was £32,922,000 against £30,963,000 a year ago. Underlying diluted earnings per share was 41.5 pence against 38.5 pence a year ago. Earnings per share diluted were 41.5 pence against 38.5 pence a year ago. Earnings per share diluted were 38.9 pence against 36.6 pence a year ago. Net cash flow from operating activities was £43,197,000 against £32,641,000 a year ago. Acquisition of property, plant and equipment was £3,058,000 against £2,963,000 a year ago. Net debt as at December 31, 2017 was £35,278,000.

For the year 2018, the company expects effective underlying rate for 2018 is expected to be 17.5%.