MORGAN ADVANCED MATERIALS PL financials
MORGAN ADVANCED MATERIALS PL
Country: GB Reporting currency: GBP Latest annual report: 2025-12-31
LEI:
I4K14LL95N2PHDL7EG85 ISIN: GB0006027295 Financial statements
(GBP, as reported — unscaled; 123 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £996.6M | £1.06B |
| Depreciation & amortisation | £1.0M | £1.7M |
| Operating profit (EBIT) | £45.2M | £99.2M |
| Net finance income / (cost) | -£22.2M | -£19.0M |
| Finance costs | £25.1M | £21.6M |
| Profit before tax | £23.0M | £80.2M |
| Income tax expense | £17.9M | £24.7M |
| Profit for the year | £28.8M | £58.8M |
| — attributable to owners | £21.1M | £50.3M |
| — attributable to NCI | £7.7M | £8.5M |
| Total comprehensive income | £9.1M | £48.9M |
| Per share | ||
| Basic EPS | £0.07 | £0.18 |
| Diluted EPS | £0.07 | £0.17 |
| Free cash flow / share | £0.13 | £0.05 |
| Cash flow statement | ||
| Cash generated from operations | £168.6M | £163.0M |
| Net cash from operating activities | £117.8M | £113.3M |
| Net cash from investing activities | -£52.2M | -£86.0M |
| Net cash from financing activities | -£99.5M | -£33.0M |
| Dividends paid | £40.1M | £42.6M |
| Proceeds from borrowings | £38.8M | £121.3M |
| Repayments of borrowings | £70.1M | £88.0M |
| Lease liability payments | £9.3M | £10.6M |
| Net change in cash | -£33.9M | -£5.7M |
| Balance sheet | ||
| Total assets | £984.8M | £1.08B |
| Non-current assets | £568.5M | £597.3M |
| Property, plant & equipment | £326.0M | £344.9M |
| Right-of-use assets | £36.4M | £32.5M |
| Intangible assets & goodwill | £163.7M | £176.9M |
| Current assets | £416.3M | £479.8M |
| Inventories | £146.5M | £165.9M |
| Trade & other receivables | £139.1M | £189.6M |
| Cash & equivalents | £79.3M | £120.8M |
| Total equity | £348.9M | £389.3M |
| — attributable to owners | £316.6M | £353.7M |
| Non-controlling interests | £32.3M | £35.6M |
| Non-current liabilities | £298.2M | £424.7M |
| Long-term borrowings | £212.1M | £337.7M |
| Lease liabilities (non-current) | £38.1M | £36.1M |
| Current liabilities | £337.7M | £263.1M |
| Short-term borrowings | £99.4M | £9.3M |
| Lease liabilities (current) | £11.1M | £11.0M |
| Trade & other payables | £194.6M | £204.1M |
| Deferred tax liabilities | £1.0M | £2.7M |
| Derived metrics | ||
| Free cash flow | £50.7M | £17.2M |
| Operating margin | 4.5% | 9.4% |
| Net margin | 2.9% | 5.5% |
| Return on equity | 8.3% | 15.1% |
| Cash conversion ratio | 4.09× | 1.93× |
| Capex coverage | 1.76× | 1.18× |
| Other reported items | ||
| Adjustments For Amortisation Expense | £1.0M | £1.7M |
| Adjustments For Decrease Increase In Inventories | £6.0M | £6.7M |
| Adjustments For Decrease Increase In Trade and Other Receivables | £34.2M | -£500.0K |
| Adjustments For Finance Income Cost | -£22.2M | -£19.0M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | -£500.0K | £3.0M |
| Adjustments For Gains Losses On Change In Fair Value of Financial Assets | -£7.3M | £1.9M |
| Adjustments For Income Tax Expense | £27.1M | £25.9M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -£600.0K | -£1.1M |
| Adjustments For Increase Decrease In Trade and Other Payables | £10.2M | £8.4M |
| Adjustments For Provisions | -£2.0M | -£1.0M |
| Adjustments For Sharebased Payments | £2.0M | £2.8M |
| Basic Earnings Loss Per Share From Continuing Operations | £-0.01 | £0.17 |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £74.2M | £111.5M |
| Cash Flows From Used In Operations Before Changes In Working Capital | £120.8M | £150.5M |
| Comprehensive Income Attributable To Noncontrolling Interests | £5.6M | £7.5M |
| Comprehensive Income Attributable To Owners of Parent | £3.5M | £41.4M |
| Comprehensive Income From Continuing Operations | -£19.7M | £38.5M |
| Comprehensive Income From Discontinued Operations | £23.2M | £2.9M |
| Current Derivative Financial Assets | £2.0M | £1.2M |
| Current Derivative Financial Liabilities | £500.0K | £2.6M |
| Current Investments | £47.2M | £0 |
| Current Provisions | £8.1M | £9.5M |
| Current Tax Assets Current | £2.2M | £2.3M |
| Current Tax Liabilities Current | £24.0M | £26.6M |
| Deferred Tax Assets | £23.2M | £21.4M |
| Diluted Earnings Loss Per Share From Continuing Operations | £-0.01 | £0.16 |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £34.1M | £34.5M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | £6.0M | £8.1M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | £18.8M | £19.3M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | £0.07 | £0.07 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£3.4M | -£7.3M |
| Finance Income | £2.9M | £2.6M |
| Gains Losses On Cash Flow Hedges Net of Tax | £400.0K | -£300.0K |
| Gains Losses On Exchange Differences On Translation Net of Tax | -£23.2M | -£11.0M |
| Gains Losses On Hedges of Net Investments In Foreign Operations Net of Tax | £2.9M | £1.7M |
| Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | £15.6M | £4.2M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | £100.0K | £600.0K |
| Income Taxes Paid Refund Classified As Operating Activities | £26.4M | £29.2M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | — | -£5.1M |
| Increase Decrease Through Sharebased Payment Transactions | £1.9M | £2.8M |
| Intangible Assets Other Than Goodwill | £3.2M | £3.0M |
| Interest Received Classified As Investing Activities | £2.8M | £2.6M |
| Issued Capital | £69.2M | £70.9M |
| Liabilities | £635.9M | £687.8M |
| Net Assets Liabilities | £348.9M | £389.3M |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | £500.0K | £2.0M |
| Noncurrent Payables | £2.7M | £2.8M |
| Noncurrent Provisions | £9.9M | £10.9M |
| Noncurrent Receivables | £3.1M | £3.6M |
| Noncurrent Recognised Assets Defined Benefit Plan | £12.4M | £13.0M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £34.4M | £34.5M |
| Other Adjustments For Noncash Items | £18.4M | £4.5M |
| Other Comprehensive Income | -£19.7M | -£9.9M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£100.0K | £1.3M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | £800.0K | -£1.3M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -£23.2M | -£11.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£200.0K | £700.0K |
| Other Comprehensive Income Net of Tax Hedges of Net Investments In Foreign Operations | £2.9M | £1.7M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -£19.5M | -£10.6M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -£200.0K | £700.0K |
| Payments From Changes In Ownership Interests In Subsidiaries | £0 | £5.1M |
| Proceeds From Disposal of Noncurrent Assets Or Disposal Groups Classified As Held For Sale and Discontinued Operations | £17.4M | £0 |
| Proceeds From Exercise of Options | £0 | £200.0K |
| Proceeds From Government Grants Classified As Investing Activities | £200.0K | £500.0K |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | £1.3M | £1.7M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £1.0M | £5.4M |
| Profit Loss From Continuing Operations | £5.1M | £55.5M |
| Profit Loss From Discontinued Operations | £23.7M | £3.3M |
| Purchase of Investments Other Than Investments Accounted For Using Equity Method | £400.0K | £100.0K |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | £67.1M | £96.1M |
| Reclassification Adjustments On Cash Flow Hedges Net of Tax | -£400.0K | £1.0M |
| Retained Earnings | £149.4M | £179.3M |
| Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | £0 | £0 |
| Share Premium | £111.7M | £111.7M |
Methodology
Every line item above is a fact tagged in MORGAN ADVANCED MATERIALS PL's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.