Renew Holdings increases 2012 Full year dividend by 5%

DividendMax Ltd.

Renew Holdings increases 2012 Full year dividend by 5%

Financial Highlights

 

2012

2011

 

 

Revenue

£337.4m

£352.8m

 

-4%

Adjusted operating profit*

£10.3m

£7.9m

 

+30%

Operating margin

3.1%

2.2%

 

+41%

Adjusted profit before tax*

£10.0m

£8.2m

 

+22%

Reported profit before tax

£8.4m

£2.6m

 

+223%

Adjusted earnings per share*

13.9p

9.7p

 

+43%

Basic earnings per share

7.9p

2.2p

 

+259%

Dividend per share

3.15p

3.0p

 

+5%

  Operational Highlights

Engineering Services revenue up 24% to £214.1m (2011: £172.8m)

Engineering Services adjusted operating profit* up 28% to £9.6m (2011: £7.5m) - an increase in margin to 4.5% (2011: 4.3%)

Group order book up 16% to £331m (2011: £286m) with Engineering Services order book up 31% to £235m (2011: £179m)

Nuclear order book up 51% to £109m (2011: £72m)

Net debt reduced to £5.5m (2011: £6.8m)

Companies mentioned