Strong Financial Results
Market leading organic growth of 7%
Underlying PBT increased by 10% to £161.7m
Reported PBT up 17% to £156.8m
Underlying diluted EPS up 11% to 50.2p
Diluted EPS increased by 20% to 48.4p
Increased total dividend of 25.5p up by 6.3%
Operational and Strategic developments
Strong organic growth maintaining track record of last 5 years
Increasing contribution from faster growing economies
Continuing investment for growth
o 850 new people joined in 2012
o Invested in 5 new businesses for aggregate consideration of £41m, benefits coming through over the next few years
Launch of a new 2 year Business Transformation Programme, which we anticipate will deliver annualised savings of £12m in 2014
Dominic Burke, Chief Executive, commented:
''We are pleased to be able once again to present a strong set of results which demonstrate the success of our clearly articulated strategy of increasing our specialty focus and broadening our exposure to the higher growth economies of the world. This distinct strategy and our strong momentum give us the confidence in our ability to deliver year-on-year financial progress''.
