Whistl Annual Report 2016

Financial Highlights

Whistl is a delivery management company with core activities in Downstream Access Mail, Doordrop Media and Parcels.

£592 m Turnover

4 % increase Gross margin*

59 % increase Net cash

£38.9m

£22.9m

2016

2016

£37.3m

£14.4m

2015

2015

11 % decrease Administrative expenses*

114 % increase Net assets

£29.4m

£13.7m

2016

2016

£32.9m

£6.4m

2015

2015

118 % growth Operating profit*

43 % increase Capital expenditure

£9.6m

£4.0m

2016

2016

£4.4m

£2.8m

2015

2015

* Excludes impact of E2E final mile activities and exceptional items

Strategic Report | Whistl Annual Report 2016

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