Hyperion's revenue increases 45% to £434m in 2016

profit

But the group of Howden, RK Harrison and Dual made a loss of £38m as a result of acquisition costs.

Hyperion has reported a 45% increase in revenue for the financial year ended 30 September 2016 to £434m (2015: £299m).

The company noted that the results reflected "continued momentum", despite challenging market conditions, as well as its ongoing investment in people, operations and technology.

Hyperion detailed that Ebita for the group rose by 82% to £103m in 2016, compared to the £57m it recorded in the previous year.

Acquisition
However, it made an accounting loss of £38m after factoring in

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