Financial Highlights
• Revenue growth of 9% to £1,261.3m
• Organic revenue growth of 2%
• 3% in JLT Specialty
• 4% in JLT Re
• 3% in International Employee Benefits
• Positive impact of foreign exchange movements
• Underlying profit before tax of £172.6m, up 1%, reflecting US Specialty investment as planned
• Underlying profit before tax, excluding the US investment, up 5% to £199.6m
• Reported profit before tax down 13% to £134.9m
• Underlying profit margin down 80 bps to 15.4%
• Underlying profit margin, excluding the US investment, down by 30 bps to 18.1%
• Reported diluted EPS down 21% from 48.0p to 37.8p
• Underlying diluted EPS down 2% from 52.2p to 51.4p
• Final cash dividend of 20.6p bringing total dividend for 2016 to 32.2p, up 5%, reflecting the Board's confidence in the Group's underlying trading performance
