2025 Interim Summary
- Underlying profit before taxation* of £39.4m (2024: £51.5m)
- Underlying basic earnings per share* of 98.6p (2024: 129.1p)
- Strong balance sheet, with £206.2m of free cash resources* (30 June 2024: £178.4m)
* Classed as an Alternative Performance Measure ('APM').
- Increased interim dividend of 33p per share (2024: 32p per share) – 23rd consecutive year of dividend increases
- The Board’s expectation remains that the year will be second-half weighted and in line with the AGM Trading Statement
Interim results summary
To 30 June 2025
Six months ended 30 June 2025 |
Six months ended 30 June 2024 |
|
Revenue | £297.8m | £310.1m |
Underlying profit before taxation* | £39.4m | £51.5m |
Reported profit before taxation | £37.5m | £50.1m |
Underlying basic earnings per share* | 98.6p | 129.1p |
Reported basic earnings per share | 93.0p | 124.6p |
Interim Dividend per share | 33p | 32p |
* Classed as an Alternative Performance Measure ('APM').
2024 Performance Summary
- Another record underlying profit before taxation* of £115.3m (2023: £109.2m), an increase of 6%
- Underlying basic earnings per share* increased 4% to 286.9p (2023: 275.0p)
- Full year dividend of 109p, an increase of 7% on 2023, giving rise to a 22nd consecutive year of dividend growth
* Classed as an Alternative Performance Measure ('APM').
- Forward order book as at 31 December 2024, for invoicing in 2025 was US$231m (31 December 2023: US$217m)
- Strong balance sheet with free cash resources* of £216.3m (2023: £175.4m)
Results summary
To 31 December 2024
Year ended 31 Dec 2024 |
Year ended 31 Dec 2023 |
|
Revenue | £661.4m | £639.4m |
Underlying profit before taxation* | £115.3m | £109.2m |
Reported profit before taxation | £112.1m | £108.8m |
Underlying basic earnings per share* | 286.9p | 275.0p |
Reported basic earnings per share | 277.1p | 275.2p |
Dividend per share | 109p | 102p |
* Classed as an Alternative Performance Measure ('APM').