RTC Group gross profit up 25% YoY
RTC Group Plc has announced its audited results for the year ended 31st December 2015.
Group revenue was up 27% from £51m in 2014 to £65m in 2015. Gross profit rose from £10.2m in 2014 to £12.7m in 2015, an increase of 25%. The group reported that profit before tax has risen to £1.3m, up 30% from £1.0m in 2014. Earnings per share at the end of 2015 were 7.85p, up 33% from 5.92p in 2014.
Andy Pendlebury, CEO, said, "I am delighted to be able to report that in 2015 we continued to make significant progress with the strategic direction we set for the Group culminating in another year of impressive results. Our strategy has enabled us to dilute our exposure to competitive market conditions enabling our financial performance to continue to accelerate at pace".
“Our continued success is a direct result of the hard work, support and unparalleled commitment of everybody employed in our business and the Group Board is extremely proud of our collective achievement."