Highlights
Another strong trading performance
o Revenue increased to £1.3 billion (2014: £1.1 billion)
o Underlying operating profit up 16% to £33.2 million (2014: £28.7 million)
Customer focused strategy generating record order book
o Record forward order book up 11% to £3.9 billion (2014: £3.5 billion)
o Over 90% of order book comprises repeat orders and over 90% lower risk target cost, cost reimbursable forms of contract
Accelerating growth both organically and by acquisition
o Successful acquisition of Rhead Group for £36 million with integration complete
o Banking and bonding facilities increased to £525 million and extended to 2020
o Strong net cash position of £108.2 million (2014: £148.5 million)
Good visibility for the future
o Over £1.1 billion of revenue secured for 2016, (as at 31 December 2014: over £1.0 billion secured for 2015); £2.8 billion of revenue secured for 2017 and beyond
o Recommended final dividend of 7.25 pence per share (2014: 6.25 pence), increasing the total dividend for the year by 16% to 11.0 pence per share (2014: 9.5 pence)
