Villa World Limited reported audited consolidated earnings results for the year ended June 30, 2017. For the year, the company reported revenue of AUD 386.8 million against AUD 387 million a year ago. Profit before income tax was AUD 53,987,000 against AUD 47,247,000 a year ago. Profit attributable to owners of the company was AUD 37.8 million against AUD 33.7 million a year ago. Diluted earnings per share were 32.4 cents against 30.1 cents a year ago. Net cash inflow from operating activities was AUD 37 million against net cash outflow of AUD 31.6 million a year ago. Payments for property, plant and equipment was AUD 594,000 against AUD 850,000 a year ago. Net debt as at June 30, 2017 was AUD 73.8 million. EBITDA was AUD 61.6 million against AUD 57.3 million a year ago.

For the fiscal 2018 the company expects NPAT guidance of AUD 41.6 million, representing NPAT growth of 10%. The company expects EPS of 32.8 cents per share. First half 2018 NPAT is expected to be AUD 10 million to AUD 12 million. The fiscal year 2018 gross margin is expected to be within the range of 24% to 26%.