Hunting increases its 2014 full year dividend by 5% in $ terms

DividendMax Ltd.

Hunting increases its 2014 full year dividend by 5% in $ terms

Financial Highlights

   

Change

%

Strong underlying performance across the Group

 
 

Revenue $1,386.5m (2013 - $1,293.6m)

+7

 

Underlying profit from operations $217.8m (2013 - $200.0m)

+9

 

Underlying profit before tax $212.4m (2013 - $197.5m)

+8

 

Underlying profit for the year $155.2m (2013 - $145.4m)

+7

 

Underlying diluted earnings per share 100.0 cents (2013 - 94.5 cents)

+6

     

Reported performance impacted by impairments

 
 

Reported profit from operations $113.9m (2013 - $138.9m)

-18

 

Reported profit before tax $108.5m (2013 - $136.4m)

-20

 

Reported profit for the year $71.8m (2013 - $107.6m)

-33

 

Reported diluted earnings per share 44.8 cents (2013 - 69.4 cents)

-35

     

Strong cash generation across the Group reducing net debt

 
 

Free cash flow $182.3m (2013 - $145.6m)

 
 

Net debt $131.0m (2013 - $205.8m)

 
 

Gearing 9% (2013 - 15%)

 
     

Consistent shareholder distributions

 
 

Final dividend of 22.9 cents (2013 - 21.8 cents) proposed to be paid on 26 May 2015 to shareholders on the register on 1 May 2015: a 5% year-on-year increase

Companies mentioned