Berendsen increases its 2017 interim dividend by 4.7%

DividendMax Ltd.

Berendsen increases its 2017 interim dividend by 4.7%

Financial Summary

Underlying revenue grew by 2.4%; reported revenue grew 7.8% to £575.1 million

Adjusted operating profit of £65.9 million; reported operating profit of £45.2 million

In Continental Europe, the Group continued to make good progress; underlying revenue grew 5% and underlying adjusted operating profit grew 3.6%

As expected, the UK continued to be impacted by operational issues identified in the second half of 2016; underlying revenue declined 2% across the UK; adjusted operating profit in UK textiles parts of the Workwear, Healthcare and Hospitality Business Lines declined by £5 million or 30%.

Interim dividend of 11.0 pence (HY 2016: 10.5 pence). This was previously disclosed on 12 June in the announcement relating to the recommended acquisition of Berendsen by Elis SA.

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