Financial Highlights
Total revenue up 11% to £979.2m
Strong organic revenue growth of 8.5%
Underlying PBT increased by 13% to £177.4m
Reported PBT up 2% to £154.6m
Underlying diluted EPS up 13% to 54.5p
Reported diluted EPS 46.4p (2012: 46.5p)
Underlying profit margin up 70 basis points to 18.9%
Increased total dividend of 27.2p up by 6.7%
Operational and Strategic Highlights
Organic revenue growth has increased to 8.5% from the 7% reported in each of the previous 3 years
Good performances from Reinsurance, Asia, Latin America and Employee Benefits
Continued investment for growth
- 10 acquisitions made for a total consideration of £200m
- 1,500 new joiners takes JLT's total employee numbers to over 9,100
Business Transformation Programme on track to deliver £12m of recurring savings for 2014
Dominic Burke, Chief Executive, commented:
"We are pleased to deliver another strong set of results, building on the progress and momentum of previous years, as we continue to execute our clearly defined strategy. Although the external operating and competitive environment remains challenging, JLT's distinctive culture, clear strategy and expanding platform give us real confidence in our ability to deliver year-on-year financial progress.''
