Annual report and financial statements 2007 - Highlights
2007
strengthening
our performance
Highlights
Turnover up 30% to £70.5 million (2006 restated:
£54.1 million) on sales of 2.2 million tonnes of
coal (2006: 1.8 million tonnes)
EBITDA up 31% to £25.1 million (2006 restated:
£19.2 million)
Profit before interest and tax up 27% to
£10.3 million (2006 restated: £8.1 million)
Earnings per share up 11% to 13.1 pence per
share (2006 restated: 11.8 pence per share)
Final proposed dividend of 8.24 pence
per share (2006: 7.89 pence per share)
Proven and probable coal reserves up 9%
to 8.6 million tonnes (2006: 7.9 million tonnes)
Highlights Post year end
Successful appeal for development of ATH’s
Muir Dean project in Fife which will enable
ATH to mine 2 million tonnes of coal
Application for a 1 million tonne extension
at Grievehill was approved by the Local
Planning Authority in November 2007
