First-half financial performance in line with expectations
- Strong organic revenue growth
- Performance led by revenue and margin growth in support services, which accounted for some 60 per cent of total underlying operating profit
- Average net borrowing similar to the 2015 full-year average of £538.9 million and in line with expectations
- Balance sheet remains robust with over £1.4 billion of committed funding available to the Group
Strong work winning, order book and pipeline of contract opportunities
- £2.5 billion(2) of new first-half orders plus probable orders (2015: £1.0 billion)
- Revenue visibility(3) for 2016 of 98% at 30 June 2016 (2015: 96%)
- Total orders plus probable orders of £17.4 billion at 30 June 2016 (31 December 2015: £17.4 billion)
- Pipeline of contract opportunities worth £41.5 billion (31 December 2015: £41.4 billion)
Interim dividend increased by 2% to 5.8p (2015: 5.7p)
