Bodycote increases its 2017 interim dividend by 6%

DividendMax Ltd.

Bodycote increases its 2017 interim dividend by 6%

Highlights

Group revenue up 18.8% (up 8.3% at constant currency)

Organic constant currency revenue growth of 4.8%

Headline operating margin increased 90bps to 17.8%

Headline earnings per share up 29% to 23.6p

Free cash flow doubled to £42.1m (2016: £20.9m)

Net cash of £17.7m (2016: net debt £5.5m)

£36m growth investment projects approved in the period

Interim dividend of 5.3p, up 6.0%

Companies mentioned