Zetar Plc : Preliminary Results for the Year Ended 30 April 2007

24 July 2007 - Zetar, the AIM listed snack foods and confectionery group, is pleased to announce its results for the year ended 30 April 2007.

Highlights

• Two acquisitions during the year; Salamander and Humdinger; another since the year end, Britannia
• Turnover up 64% to £94.9m (2006: £57.9m)
• EBITDA* up 43% to £9.3m (2006: £6.5m)
• Operating profit** up 55% to £7.6m (2006: £4.9m)
• Basic earnings per share up 71% to 31.8 pence (2006: 18.6 pence)
• Underlying diluted earnings per share up 16% to 41.5 pence (2006: 35.7 pence)
• Total borrowings at 30 April 2007 of £9.8m (30 April 2006: £9.0m)
• Natural & Premium Snacks division represented 35% of Group turnover (2006: 1%)
• Board strengthened - Clive Beecham appointed Group Managing Director, Marion Sears appointed Senior Independent Non-executive Director, Dale Mullins appointed Group Finance Director
• Sales in first 11 weeks of the current year of £12.4m (2006: £7.1 m)