Jardine Lloyd Thompson increases its 2017 interim dividend by 5.2%

DividendMax Ltd.

Jardine Lloyd Thompson increases its 2017 interim dividend by 5.2%

Total revenue growth of 11% to £689.9m

Organic revenue growth of 3%, reflecting strong retention and new client wins

3% in Specialty businesses

2% in JLT Re

9% in UK Employee Benefits

Positive impact of foreign exchange movements, helping offset continued rating weakness

Underlying profit before tax (PBT) of £100.1m, up 12%

Underlying PBT, excluding the US investment, up £7.1m to £113.5m

Reported PBT up 80% to £99.2m, driven by reduced exceptional charges

Underlying trading margin maintained at 15.9%

Underlying trading margin, excluding the US investment, at 18.9%

Reported diluted earnings per share (EPS) up 104% from 15.6p to 31.8p

Underlying diluted EPS up 12% from 28.4p to 31.9p

Interim cash dividend of 12.2p, up 5.2%

Companies mentioned