Haynes Publishing's adjusted operating profits rose by 28% to £3.2m in the year to the end of May.
Revenues rose by 16% to £29.8m with the acquisition of OATS Limited in December 2016, a leading global equipment and lubricants database, adding £1.0m to group revenue and £0.1 million to group profit before tax.
Revenue from the group's digital products increased YoY by 51% to £11.9 million (2016: £7.9 million) representing 40% of total group revenue (2016: 31%).
- UK & European revenue up 35% YoY driven by HaynesPro growth in Europe and
Haynes Publishing Group has confirmed that the Company intends to hold a General Meeting on 18 July to seek shareholder approval for the adoption of a long term incentive plan (LTIP) for senior directors and employees.
At 1:01pm: (LON:HYNS) Haynes Publishing Group PLC share price was -1p at 191.5p