Spirent Communications maintains its 2015 interim dividend at last years level

DividendMax Ltd.

Spirent Communications maintains its 2015 interim dividend at last years level

Financial highlights

Group order intake up 4% to $226.2 million (H1 2014: $217.0 million).

Group revenue slightly lower at $218.7 million (H1 2014: $221.0 million) with many orders received too late to be converted into revenue.

Order book built: book to bill ratio of 103 (H1 2014: 98).

Adjusted operating profit of $6.0 million (H1 2014: $20.6 million), after further investment in the business. Reported operating loss of $2.2 million (H1 2014: operating profit $13.9 million).

Closing cash was $97.0 million at 30 June 2015 (31 December 2014: $99.8 million); with free cash generation of $11.1 million (H1 2014: $19.1 million) and dividends paid in the first half year of $13.4 million.

Interim dividend held at 1.68 cents per Ordinary Share (equivalent to 1.08 pence per Ordinary Share).

Companies mentioned