Highlights
Another strong trading performance
o Revenue increased to £791.4 million (2015: £621.1 million)
o Underlying operating profit2 up 21% to £15.8 million (2015: £13.1 million)
o Record order book of £3.9 billion, up 5% on June 2015
Accelerating growth both organically and by acquisition
o Post period-end acquisition of SSL for £17.0 million further enhances technology integration capability
o Rhead Group acquired in August 2015 for £36.0 million, now fully integrated and performing well
o Over 90% of order book is repeat business
o Nature of service offering changing rapidly, with over 1,000 people now in consultancy and advisory roles, representing 25% of the total head count
Positive outlook
o Over £1.4 billion of revenue secured for FY 2016 by 30 June (2015: over £1.2 billion secured for FY 2015)
o Net cash balance of £69.2 million (2015: £126.8 million) and increased banking facilities
o Interim dividend increased by 15% to 4.3 pence per share (2015: 3.75 pence)
