Key highlights:
|
Improved returns on investment to 23.1% |
|
|
Revenues up 16.4% in H1 and underlying operating profit up 62% |
|
|
231 new locations added in H1, with a net capital investment of £120m |
|
|
Generated £79.9m or 8.5p per share of cash in H1 (before net growth capital expenditure, share buybacks, dividends and disposal proceeds), representing cash conversion of 123% |
|
|
Underlying earnings per share up 88% to 4.9p |
|
|
Decrease in net debt to £136.9m (0.5x net debt: LTM EBITDA) |
|
|
12% increase in interim dividend to 1.4p (H1 2014 : 1.25p) |
|
|
Current trading in line with management expectations |
