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Investegate |Epwin Group PLC Announcements | Epwin Group PLC: Final Results


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Strong H2 performance, gaining momentum:

Revenues up 4% on H2 2019

H2 2020 underlying operating profit £11.2 million (H2 2019 £11.8 million)
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RMI demand quicker to return and stronger than newbuild and social housing
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Robust
financial position maintained:

Strong cash generation

Significant headroom in banking facilities of over £50 million at the year end, facilities now extended to June 2024

All pre-COVID banking covenants met with no variation or waivers

No additional funding has been sought from shareholders or banks
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Recommencement of dividend payments, with proposed final dividend of 1.00 penny per share
 
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Health and safety prioritised in response to the COVID-19 pandemic ....

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