Business highlights
Maximising shareholder returns
- Adjusted earnings per share* up 6.7% to 25.4 pence (2011: 23.8 pence)
- Full year dividend up almost 10% to 7.8 pence (2011: 7.1 pence)
- c.£340m cash return to shareholders in October 2011
Leading the way in improving transport for passengers
- Growth underpinned by innovation, value for money, investment and operational delivery
- Expansion of megabus.com in North America and Europe
- New Alliance with Network Rail
Pursuit of new opportunities for growth
- Like-for-like revenue up 6.9% across the Group
- Virgin Rail Group's bid for new West Coast rail franchise submitted May 2012
- Shortlisted for two new UK rail franchises
- US$134m planned acquisition of businesses and assets from Coach America
- Further potential to grow operating profit at acquired London Bus business
Financial summary
|
|
Results excluding intangible asset expenses and exceptional items |
Reported results |
||
|
Year ended 30 April |
2012 |
2011 |
2012 |
2011 |
|
|
|
|
|
|
|
Revenue (£m) |
2,590.7 |
2,389.8 |
2,590.7 |
2,389.8 |
|
|
|
|
|
|
|
Total operating profit (£m) |
237.2 |
240.2 |
262.9 |
225.0 |
|
Non-operating exceptional items (£m) |
- |
- |
11.6 |
0.7 |
|
Net finance charges (£m) |
(34.7) |
(34.5) |
(34.7) |
(34.5) |
|
Profit before taxation - continuing operations (£m) |
202.5 |
205.7 |
239.8 |
191.2 |
|
Discontinued operations (£m) |
- |
- |
- |
18.5 |
|
Profit before taxation (£m) |
202.5 |
205.7 |
239.8 |
209.7 |
|
|
|
|
|
|
|
Earnings per share (pence) |
25.4p |
23.8p |
29.5p |
24.6p |
|
Proposed final dividend per share (pence) |
|
|
5.4p |
4.9p |
|
Full year dividend per share (pence) |
|
|
7.8p |
7.1p |
