10 Year Trading History

Download Ten Year Trading History in Excel Format

All figures £m	2021	2020**	2019**
Revenue	569	604	669
Cost of sales	(306)	(320)	(357)
Gross profit	262	284	312
Overheads	(157)	(171)	(190)
Operating profit	106	113	122
Adjusted* operating profit	128	142	151
Amortisation of acquired intangible assets	(9)	(14)	(19)
Disposal of property	(13)	(15)	(10)
Operating profit	106	113	122
Net interest	-	(1)	(3)
Profit before taxation	106	113	119
Tax expense	(26)	(27)	(29)
Profit for the year	80	86	90
Dividends paid	76	34	52
Basic EPS	9.2p	9.8p	10.3p
Adjusted* EPS	11.3p	12.5p	13.0p
Diluted EPS	9.2p	9.8p	10.3p

 

All figures £m	2018	2017	2016
Revenue	696	642	590
Cost of sales	(384)	(358)	(328)
Gross profit	312	284	262
Overheads	(189)	(198)	(168)
Operating profit	123	86	94
Adjusted* operating profit	146	130	121
Amortisation of acquired intangible assets	(20)	(27)	(27)
Disposal of property	-	-	-
Operating profit	123	86	94
Net interest	(2)	(5)	(3)
Profit before taxation	121	81	91
Tax expense	(29)	(25)	(24)
Profit for the year	92	56	67
Dividends paid	48	45	44
Basic EPS	10.5p	6.4p	7.7p
Adjusted* EPS	12.6p	10.6p	10.0p
Diluted EPS	10.5p	6.4p	7.7p

 

All figures £m	2015	2014	2013
Revenue	546	595	578
Cost of sales	(297)	(310)	(304)
Gross profit	249	285	274
Overheads	(145)	(143)	(135)
Operating profit	104	142	139
Adjusted* operating profit	125	157	151
Amortisation of acquired intangible assets	(21)	(15)	(12)
Disposal of property	-	-	-
Operating profit	104	142	139
Net interest	(2)	(1)	(1)
Profit before taxation	102	141	138
Tax expense	(27)	(38)	(38)
Profit for the year	75	103	100
Dividends paid	44	43	39
Basic EPS	8.6p	119.0p	114.8p
Adjusted* EPS	10.4p	131.6p	124.9p
Diluted EPS	8.6p	118.5p	114.3p

 

All figures £m	2012
Revenue	512
Cost of sales	(272)
Gross profit	240
Overheads	(115)
Operating profit	125
Adjusted* operating profit	132
Amortisation of acquired intangible assets	(7)
Disposal of property	-
Operating profit	125
Net interest	0
Profit before taxation	125
Tax expense	(35)
Profit for the year	90
Dividends paid	34
Basic EPS	103.1p
Adjusted* EPS	109.3p
Diluted EPS	102.6p

* Adjusted is before amortisation of acquired intangible assets and the disposal of property.
** As a result of IFRIC agenda guidance in April 2021 on Software as a Service (SaaS) and treatment under IAS38, 2020 and 2019 have been restated to reflect the updated treatment.