|
Adjusted* |
2014 |
2013 |
Change |
Constant FX |
|
Revenue |
£678.3m |
£689.4m |
-2% |
+5% |
|
Adjusted operating profit* |
£153.0m |
£151.6m |
+1% |
+12% |
|
Adjusted operating profit margin* |
22.5% |
22.0% |
+50 bps |
+140 bps |
|
Adjusted profit before taxation* |
£151.1m |
£151.1m |
0% |
+12% |
|
Adjusted basic earnings per share* |
140.4p |
138.8p |
+1% |
+13% |
|
Dividend per share |
64.5p |
59.0p |
+9% |
+9% |
|
Special dividend per share |
120.0p |
- |
|
|
*All profit measures exclude certain non-operational items, as defined in note 2.
Organic measures are at constant currency and exclude acquisitions
| Statutory |
2014 |
2013 |
Change |
|
Operating profit |
£148.1m |
£147.0m |
+1% |
|
Profit before taxation |
£144.8m |
£145.7m |
-1% |
|
Basic earnings per share |
132.8p |
133.4p |
0% |
Organic sales increased over 4%
Operating profit ahead in all segments at constant currency
Operating margin up 50 bps, despite stiff currency headwind
Strong result in Watson-Marlow
£91m return of capital - 120p per share special dividend
Nick Anderson, Chief Executive, commenting on the results said:
"The good results in 2014 again demonstrate the fundamental strengths and resilience of our business, with record profits and margin improvement achieved against an unhelpful economic background and a stiff currency headwind. We are increasing investment and adding resources in support of our growth strategy and we are confident that, through these actions, we can continue to outperform our markets and deliver further improvements in our business."
