Financial Highlights

Full Year Results 2017

 

2017

2016

 % change

 OCC** % change

Order intake £666.5m £576.6m +15.6% +8.2%
Revenue £642.2m £590.1m +8.8% +2.3%
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%  -

 
Note:
* 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.

Summary

  • 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%