Financial highlights - continuing operations1
Growth in Trading EBITDA of 5.2% in the core Financial Services and Travel businesses, partially offset by the impact of a full six months of plc costs
Sustained cash generation leading to further deleveraging
o Target range for debt ratio of between 1.5x and 2.0x in the medium term
Confidence in achieving full year profit expectations and ongoing sustainable profit growth supports the announcement of a maiden interim dividend of 2.2p
|
|
Six months ended 31 July 2015 (H1 2015) |
Six months ended 31 July 2014 (H1 2014) |
Change |
|
Group Trading EBITDA |
£130.6m |
£129.6m |
+0.8% |
|
Trading EBITDA from Financial Services and Travel |
£136.5m |
£129.7m |
+5.2% |
|
Trading Profit2 |
£117.5m |
£116.3m |
+1.0% |
|
Profit before tax |
£101.3m |
£42.2m |
+140% |
|
Basic Earnings Per Share |
7.3p |
3.3p |
+121% |
|
Interim Dividend |
2.2p |
Nil |
|
|
Available operating cash flow |
£139.1m |
£137.8m |
+0.9% |
|
Debt ratio (net debt to EBITDA) |
2.35x |
2.56x |
(0.21x) |
