Fmi

LINCAT GROUP PLC

FACTSHEET

Introduction:

Lincat group plc manufactures through its subsidiary companies a wide range o kitchen bar and food processing equipment. Operating companies include Lincat Ltd, IMC, Mercury appliances and Britannia kitchen Ventilation Ltd in the UK.

Location:

The groups operations are all located in the United Kingdom.

Company News:

 Acquisition of Heydal limited, a manufacturer of ventilated ceilings for commercial kitchens.

 Transaction costs 360.000, paid in cash.

 Douglas Machine Corporation a fifth subsidiary of Lincat group plc was sold in June 2006.

Interim results-December 2006:

 Continuing operations sales up 2% at Ј15.5m.

 Interim dividend raised by 8% from 7.0p to 7.2p.

 Net cash of Ј2.2m at period end.

Financial overview:

 Gross Profit margin- 50% for both the years 2005 and 2006.There has been no change in the picture of future profits.

 Earnings per share-This is the fundamental measure of share performance. The EPS has been increasing over years which mean that the earnings generated by a business and available to shareholders, during 2006 to the number of share in issue have improved.

 Dividend per share-At face value, these ratio shows that ordinary dividends were covered 2.3 times both in 2005 and 2006.

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