Bodycote 2017 final results
Revenue growth of 14.9% to £690.2m; revenue growth at constant currency was 9.6%, well above the background market growth rates
24% growth in headline operating profit to £123.9m
Return on sales improvement to 18.0% (2016: 16.6%)
Basic headline EPS increased 33% to 49.2p
ROCE increased to 19.3% (2016: 17.1%) notwithstanding the increased rate of capital investment
Headline operating cash flow of £111.7m (2016: £91.4m)
Headline operating cash conversion at 90%; £83.0m free cash flow (2016: £60.5m)
Full year ordinary dividend 17.4p, up 10%, and special dividend 25.0p (2016: nil)
