WS Atkins increases 2013 full year dividend by 4.9%

DividendMax Ltd.

WS Atkins increases 2013 full year dividend by 4.9%

HIGHLIGHTS

Underlying profit before tax up 2.9% to £104.5m, on flat revenue

Underlying diluted EPS up 9.7%

Strong UK performance, with revenue up 4.7% and operating profit up 9.7%

Investment in growth continues, with Energy revenue up 18.3%

North America and Middle East markets remain challenging

Improved operating cash flow, with net funds of £143.0m (2012: £122.6m)

Full year dividend increased by 4.9% to 32.0 pence (2012: 30.5p)

Positive momentum continues into 2013/14, with outlook unchanged and in line with expectations.

"We have delivered another year of good results and made notable progress towards the implementation of our strategy over the past 12 months. We have continued to optimise our portfolio with the agreed sale of our UK highways services business and sustained positive momentum in our UK, Asia Pacific and Europe and Energy businesses. We remain focused on driving operational excellence throughout the Group to improve margins, optimise our portfolio and meet the evolving needs of our clients. We are confident we will achieve further underlying growth in the year ahead."

Companies mentioned