Recent articles for private investors with a focus on dividend announcements
Admiral Group Final Results 2011 - dividend announced
Admiral Group plc Results for the Year Ended 31 December 20117 March 2012
Cobham Final Results 2011/12 - dividend boosted 33%
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2011
John Wood Group Final Results
Full year results for the year ended 31 December 2011Successful strategic repositioning and strong growthJohn Wood Group PLC ("Wood Group" or the "Group") is an international energyservices company employing more than 39,000 people worldwide and operating in50 countries. The Group has three businesses - Engineering, Wood Group PSN andWood Group GTS - providing a range of engineering, production support,maintenance management and industrial gas turbine overhaul and repair servicesto the oil & gas, and power generation industries worldwide.Financial HighlightsTotal revenue1 of $6,052.3m (2010: $5,063.1) up 19.5%Total EBITA1 of $398.7m (2010: $344.8m) up 15.6%Revenue from continuing operations2 of $5,666.8m (2010: $4,085.1m) up 38.7%EBITA from continuing operations2 of $341.6m (2010: $218.7m) up 56.2%Profit from continuing operations before tax and exceptional items of $254.1m(2010: $156.2m) up 62.7%Adjusted diluted EPS3 of 60.2 cents (2010: 39.8 cents) up 51.3%Total dividend of 13.5 cents (2010: 11.0 cents) up 22.7%Strategic and Operating HighlightsSuccessful strategic repositioningAcquisition of PSN, which performed ahead of expectationsDisposal of Well SupportReturn of cash to shareholders of £1.1bnEngineeringStrong revenue growth and margin improvement in 2011Increased activity in upstream and subsea & pipelinesDownstream activity in line with 2010Recent awards support expectation of further revenue growth and marginimprovement in 2012Wood Group PSNStrong activity levels in North Sea and North AmericaIntegration programme largely complete and on track to deliver expectedsynergiesPerformance held back by previously announced losses on Wood Group ProductionFacilities contracts in Oman and Colombia2012 performance improvement from underlying growth and reduced contract lossesWood Group GTSStrong recovery in Maintenance, with EBITA up over 20%Successful progression of Dorad and GWF projectsPursuing a number of additional Power Solutions prospectsFurther Maintenance growth and good visibility in Power Solutions into 2012Sir Ian Wood, Chairman, and Allister Langlands, Chief Executive said:"We anticipate good progress in all divisions in 2012. In our activitiessupporting clients' development capex, we are forecasting strong growth inEngineering driven by increased E&P capex spend and have good visibility in ourWood Group GTS Power Solutions business into 2012. In our activities supportingclients' production opex activities, we see performance improvement in WoodGroup PSN and further growth in Wood Group GTS Maintenance."Through our market leading positions in engineering, production facilitiessupport and gas turbine services, we are well positioned to take advantage ofstrong growth trends in energy markets and we continue to anticipate goodgrowth in the longer term."
James Fisher Final Results
James Fisher and Sons plc ("James Fisher"), the leading marine service provider, announces its results for the twelve months to 31 December 2011.
Ashtead Group Q3 2011/12 results
Unaudited results for the nine months and third quarter ended 31 January 2012
Intertek Final Results
Intertek Group plc ("Intertek"), the leading international provider of quality and safety solutions, announces its full year results for the year ended 31 December 2011.
Glencore Final Results
Industrial activities Adjusted EBIT up 18% compared to 2010, benefiting from generally stronger commodity prices and increased production.
Stagecoach IMS March 2012
Stagecoach Group plc ("the Group") is today publishing an interim management statement, covering available information for the period to the date of this announcement.
MAN Group 2011 final results - dividend declared
Peter Clarke, Chief Executive of Man, said: "Our final results for the nine months to 31 December 2011 are in line with the January trading statement. More recently, we have seen a positive start to the year in the first two months of 2012. Assets under management have increased to around $59.5 billion at the end of February, principally as a result of performance, with strong returns at GLG and a smaller positive contribution from AHL.
Carillion Final Results
2011
2010
Change
Revenue
£5.1bn
£5.1bn
-
Underlying operating margin
4.7%
4.2%
n/a
Underlying profit before taxation
£212.0m
£188.1m
+13%
Underlying earnings per share
43.0p
39.4p
+9%
Profit before taxation
£142.8m
£167.9m
-15%
Basic earnings per share
32.0p
36.9p
-13%
Net (borrowing)/cash
£(50.7)m
£120.2m
-142%
Proposed full year dividend per share
16.9p
15.5p
+9%
Henderson Group Finals
Commenting on the 2011 full year results Chief Executive, Andrew Formica said:
UBM Final Results
David Levin, UBM's Chief Executive Officer, commented:"2011 has been a strong year for UBM, with EPS up over 13% to a record 56.8p.An outstanding performance from our Q4 biennial events capped off a year ofconsistent delivery in which all our businesses met or exceeded their targetsfor the year. On the back of these results, the Board has declared a finaldividend of 20p, up 1p over 2010, resulting in a record dividend for the year.These results are the fruit of our consistent strategy to focus on providingmarketing, communications and data services, in winning formats, to thrivingbusiness communities. Our Emerging Markets revenues grew by more than 24%during 2011 and contributed just under a third of our overall profits: in 2011we generated more revenue in China than in Europe for the first time. OurEvents business performed particularly well and 1.7 million people attendedUBM events in 2011, up from 1.3 million in 2010 with profits growing by 45%.The solid performance of Data Services and PR Newswire in 2011 reflects theinitial benefits of our continuing investment in these businesses. OurMarketing Services businesses also continue to develop well, with the combinedeffects of continuing strong digital growth and print disposals likely toresult in online revenues outstripping print revenues in 2012.2012 trading has started well. We anticipate continued underlying growth and apositive performance across the business whilst recognising the continuinguncertainties of the global economy."
Serco Final Results 2011/12 - dividend increased 14%
Solid operational performance and contract awards across the portfolio
HSBC Final results
Reported profit before tax US$21.9bn, up 15% on 2010, including US$3.9bn of favourable fair value movements on own debt*
Wood Group Contract
Wood Group (John) Plc said it has won a £250M contracted from Premier Oil to deliver integrated operations and maintenance support services to the Balmoral floating production vessel (FPV) situated 122 miles North East of Aberdeen
BP Court case
BP Plc announced; "BP and the Plaintiffs' Steering Committee (PSC) confirmed that the U.S. District Court has today adjourned the start of the Deepwater Horizon Multi-District Litigation 2179 civil trial by one week, until Monday, March 5th. This adjournment is intended to allow BP and the PSC more time to continue settlement discussions and attempt to reach an agreement."
Pru office move?
Prudential said it is considering moving its headquarters away from London in view of possible negative impacts from European Solvency II regulations on capital requirements. The Sunday Times had reported the Co may move its HQ to Hong Kong.
Ashmore Interim 2011/12 Results - dividend announced
Total net revenue up 4% to £181.0 million (H1 2010/11: £173.7 million)
Net management fees increased 30% to £151.4 million from £116.1 million
Performance fees decreased to £23.0 million from £60.1 million
Profit before tax up 2% to £129.8 million (H1 2010/11: £127.6 million)
EBITDA margin of 70% (H1 2010/11: 73%)
Assets under management ("AuM") of US$60.4 billion at 31 December 2011, a decrease of US$5.4 billion (8%) from 30 June 2011 with net inflows maintained across the period
Basic EPS of 13.83p (H1 2010/11: 14.30p)
An interim dividend of 4.25p per share will be paid on 4 April 2012 (H1 2010/11: 4.16p)
7101-7150 of 7428
