Share Price 1856.00p change of -7.74p
Wednesday 26 October 2016 17:07PM
underlying operating profit before Oman contract termination and liquidation related costs, amortisation of intangibles arising on acquisition, impairment of goodwill and adjustments to contingent consideration net of acquisition related costs. IFRS operating profit was £66.4m (2014: £39.5m).
organic growth (of revenue or profit) is the annual rate of increase in revenue or profit that was achieved, assuming that acquisitions made during the prior year were only included for the same proportion of the current year at constant currencies.
underlying operating margin is the underlying operating profit as a percentage of revenue.
finance charges exclude fair value movements on derivatives, defined benefit pension interest charges and discount on provisions.
underlying profit before tax before Oman contract termination and liquidation related costs, amortisation of intangibles arising on acquisition, impairment of goodwill, fair value movements on derivatives, unwinding of discount on provisions, defined benefit pension interest charges and adjustments to contingent consideration net of acquisition related costs. Basic EPS 35.7p (2014: 29.8p).
underlying tax is the tax charge on underlying profit before tax. The underlying tax rate is underlying tax expressed as a percentage of underlying profit before tax.
underlying operating cash flow is cash generated by operations and dividends from associates, less net capital expenditure, R&D and LTIP share purchases.
operating cash conversion is underlying operating cash flow as a percentage of underlying operating profit.
net debt comprises loans and overdrafts less cash and cash equivalents.
bank interest cover is the ratio of underlying operating profit to finance costs associated with borrowings.
underlying order book growth excludes the impact of foreign exchange, the Oman Airport IT contract and the order book arising on acquisition.
underlying order intake excludes the removal of the Oman order book in 2014 and includes orders from acquisitions since acquisition date.
underlying earnings per share is before acquisition-related costs, amortisation of intangibles arising on acquisition, the S3 programme, impairment charges, fair value movement on derivative financial instruments, defined benefit pension interest charges and unwinding of discount on provisions.
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