Highlights
- 42% increase in underlying profit from operations (PFO) at 拢85 million (2021: 拢60 million)
- 10% increase in order book at 拢17.7 billion (FY 2021: 拢16.1 billion); provides clear short- and medium-term visibility
- Increase in Directors鈥� valuation of the Investments portfolio at 拢1.3 billion (FY 2021: 拢1.1 billion)
- Increase in half year average net cash at 拢811 million (FY 2021: 拢671 million)
- 68% increase in underlying basic EPS at 12.9 pence per share (2021: 7.7 pence per share)
- 17% increase in recommended half year dividend at 3.5 pence per share (2021: 3.0p)
- Support Services upgraded to the top end of its 6-8% industry standard margin target range for full year
|
(拢 million unless otherwise specified) |
HY 2022 |
听 |
HY 2021 |
|||
|
Underlying2 |
Total |
听 |
Underlying2 |
听 |
Total |
|
|
Revenue1 |
4,147 |
4,147 |
听 |
4,154 |
听 |
4,154 |
|
Profit from operations |
85 |
82 |
听 |
60 |
听 |
40 |
|
Pre-tax profit |
86 |
83 |
听 |
55 |
听 |
35 |
|
Profit for the period |
80 |
98 |
听 |
51 |
听 |
52 |
|
Basic earnings per share |
12.9p |
15.7p |
听 |
7.7p |
听 |
7.8p |
|
Dividends per share |
听 |
3.5p |
听 |
听 |
听 |
3.0p |
|
听 |
听 |
听 |
听 |
听 |
听 |
听 |
| 听 | 听 |
HY 2022 |
听 |
FY 2021 |
听 |
听HY 2021 |
|
Order book1,2 |
拢17.7产苍 |
听 |
拢16.1产苍 |
听 |
拢16.1产苍 |
|
|
Directors' valuation of Investments portfolio |
拢1.3产苍 |
听 |
拢1.1产苍 |
听 |
拢1.1产苍 |
|
|
Net cash 鈥� recourse |
742 |
听 |
790 |
听 |
625 |
|
|
Net cash 鈥� non-recourse3 |
(242) |
听 |
(243) |
听 |
听(318) |
|
|
Average net cash 鈥� recourse |
811 |
听 |
671 |
听 |
611 |
|
Leo Quinn, 333体育平台官网 Group Chief Executive, said: 鈥淲ith the Group well-positioned to capitalise on the growing infrastructure market, underpinned by its unique capability and balance sheet strength, the upgrade to the full year performance gives the Board further confidence in future capital returns.鈥�
Read the full announcement听here.听
Notes:
1听Including share of joint ventures and associates
2听Before non-underlying items (Note 8)
3听Non-recourse net borrowings are cash and debt that are ringfenced within certain infrastructure investments project companies
A reconciliation of the Group鈥檚 performance measures to its statutory results is provided in the Measuring our financial performance section
ENDS
Investor and analyst enquiries:
Jim Ryan
Tel. +44 (0)7858 368527
[email protected]
Media enquiries:
Antonia Walton
Tel. +44 (0)203 810 2345
[email protected]
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All non-media related enquiries should be directed to +44 (0)20 7216 6800 or听[email protected]
Notes to editors:
- 听is a leading international infrastructure group with 24,500 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow. 鈥�
- We finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.鈥�
- Over the last 113 years we have created iconic buildings and infrastructure all over the world including: the 拢1.5 billion A14 improvement scheme - Britain's biggest road project; Hong Kong's HK$5.5 billion world-class harbour theatre project for the West Kowloon Cultural District Authority; and the 12.5-mile $429 million North Metro Commuter Rail line in Colorado, US.
