Full Year Results 2017
OCC** % change
|Adjusted* operating profit||£130.2m||£120.6m||+7.9%||+2.5%|
|Adjusted* operating margin||20.3%||20.4%||-10bps||+10bps|
|Profit before tax||£80.6m||£91.1m||-11.5%||-17.0%|
|Adjusted* profit before tax||£124.8m||£117.9m||+5.8%||+0.3%|
|Basic earnings per share||6.4p||7.7p||-16.9%||-22.6%|
|Adjusted* basic earnings per share||10.6p||10.0p||+6.0%||0.0%|
|Full year dividend||5.40p||5.10p||+5.9%||-|
* Adjusted figures exclude the amortisation of acquired intangible assets and other adjustments.
** OCC is organic constant currency results excluding acquisitions and restated at 2016 exchange rates.
*** Order intake represents the value of orders received during the year.
- Market outlook improving
- Increasing order book
- Growing contribution from new products and service
- New Chief Executive appointed
- Growth acceleration programme initiated
- Initial opportunities actioned
- Balance sheet strengthened with cash conversion of 109.1%