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National Express increases its 2018 interim dividend by 10.1%

Investment Tools Ltd.
National Express increases its 2018 interim dividend by 10.1%

National Express 2018 interim results

Record Group statutory half year profit before tax of £80.1 million, up 24%.

Growth in free cash of over 3% to £85.2 million; full year guidance raised to £170 million.

ROCE increased by 20 basis points to 12.2%; net debt gearing held flat at 2.3x EBITDA.

Interim dividend increased by 10.1% (4.69p).

Companies mentioned

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