FINANCIAL HIGHLIGHTS
• Revenue growth of 5% to £1,155.1m
• Organic revenue growth of 2%
• Strong 5% organic revenue growth in Risk & Insurance
• Organic revenue declined by 6% in Employee Benefits due to specific challenges within UK & Ireland. International Employee Benefits organic revenue growth of 7%.
• Underlying profit before tax of £170.1m, down 7%, reflecting planned US investment*
• Underlying profit before tax, excluding US investment*, up 3% to £190.6m
• Reported profit before tax down 3% to £155.0m
• Underlying profit margin down 160bp to 16.2%
• Underlying profit margin, excluding US investment*, increased by 10bp to 18.4%
• Reported diluted EPS down 2% to 47.0p
• Total cash dividend of 30.6p up 6%, reflecting the Board's confidence in the Group's underlying trading performance
* Net investment in JLT USA in 2015 was £20.5m (2014: £2.7m)
