Recent articles for private investors with a focus on dividend announcements
07 Mar 2013
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05 Mar 2013
John Wood Group increases full year dividend by 26%
Full year results for the year ended 31 December 2012Strong growth in 2012 led by Wood Group EngineeringJohn Wood Group PLC ("Wood Group" or the "Group") is an international energy services company employing around 43,000 people worldwide and operating in 50 countries. The Group has three businesses - Wood Group Engineering, Wood Group PSN and Wood Group GTS - providing a range of engineering, production support,maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide.Financial SummaryRevenue from continuing operations of $6,821.3m (2011: $5,666.8m) up 20%EBITA from continuing operations1 of $461.1m (2011: $341.6m) up 35%Profit from continuing operations before tax and exceptional items of $362.7m(2011: $254.1m) up 43%Adjusted diluted EPS of 85.2 cents (2011: 60.2 cents) up 42%Total dividend of 17 cents per share (2011: 13.5 cents) up 26%Group HighlightsLeadership changes position Wood Group for the next phase of growth Increasing contribution from oil-producing US shale regions Overall market conditions expected to remain favourable Anticipate progress in all divisions in 2013Wood Group Engineering Second consecutive year of 30%+ EBITA growth Strength in upstream and subsea & pipelines Revenue growth and margin improvement anticipated in 2013Wood Group PSN Good performance in North Sea and strong growth in North America Progress in Oman; confident of a significant improvement in 2013 Well placed to deliver strong performance in 2013Wood Group GTS Increased revenues in Maintenance and EBITA up around 10%Power Solutions EBITA slightly up on 2011 Anticipate improvement in Maintenance in 2013Bob Keiller, CEO commented:"Our 2012 financial results represent another year of strong growth with EBITA up 35%, reflecting the focus and hard work of our people around the world. Wood Group is a great company and I believe we can be even better if we harness our collective strengths more effectively and operate in a more joined-up manner.We are set to make progress in all divisions in 2013, and I look forward to leading our further development in good long term growth markets"
05 Mar 2013
05 Mar 2013
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05 Mar 2013
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04 Mar 2013
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01 Mar 2013
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01 Mar 2013
01 Mar 2013
British American Tobacco increases 2012 full year dividend by 7%
FULL YEAR HIGHLIGHTS
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Revenue at constant rates of exchange grew by 4% with continued good pricing momentum.
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Reported revenue was down 1% due to adverse currency movements.
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Adjusted profit from operations at constant rates of exchange increased by 8%.
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Reported profit from operations increased by 15%.
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All four regions grew operating margin, contributing to the excellent growth of 160 basis points at Group level, to 37.4%.
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Group volumes were 694 billion, down 1.6%, mainly due to industry contractions in some of our larger markets.
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The four Global Drive Brands grew volume by 3%. Dunhill volumes were up 2%, Kent was up 1%, Lucky Strike grew 11%, and Pall Mall 3%.
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Adjusted diluted earnings per share rose by 7% and at constant rates, adjusted diluted earnings per share would have been up by 12%, principally as a result of the growth in profit from operations.
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Basic earnings per share were up 26% at 198.1p (2011: 157.1p).
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Recommended final dividend of 92.7p, taking the total dividend in respect of 2012 to 134.9p, an increase of 7%.
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Free cash flow was 81% of adjusted earnings.
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38.9 million shares were bought back at a cost of £1.25 billion, excluding transaction costs. The Board agreed a £1.5 billion share buy-back programme for 2013.
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New Management Board appointees announced. Des Naughton, currently Group Operations Director, appointed as Managing Director Next Generation Product, and Alan Davy to take over as Group Operations Director, effective 1 March 2013.
28 Feb 2013
28 Feb 2013
28 Feb 2013
