Regus increases its 2015 full year dividend by 13%

DividendMax Ltd.

Regus increases its 2015 full year dividend by 13%

Key highlights:

Improved post-tax cash returns on pre-12 investment to 23.1%(i)

Revenues up 15.9% to £1,927.0m and underlying operating profit up 37% to £144.8m(ii)

22% increase in the network. 554 new locations in 2015, with a net capital investment of £284.9m

Generated £215.7 or 23.1p per share of cash in 2015 (before net growth capital expenditure, share buybacks, dividends and disposal proceeds)

Underlying earnings per share up 51% to 11.2p

Conservative balance sheet maintained with net debt of £190.6m (0.66x underlying net debt:EBITDA) 

13% increase in dividend to 4.5p (2014 : 4.0p)

Companies mentioned