March 3, 2017 / 8:26 AM / 5 months ago

BRIEF-Berendsen sees 2017 profitability more H2 weighted

1 Min Read

March 3 (Reuters) - Berendsen Plc

* Final results

* Underlying revenue grew 2 pct to £1.1 billion; reported revenue grew 9 pct

* Fy revenue rose 9 percent to 1.11 billion stg

* Adjusted operating profit of 161 million stg, in line with trading update in october 2016

* Dividend increased by 5 pct to 33.0p, reflecting positive outlook for growth and ongoing balance sheet strength

* Final dividend 22.5 pence per share

* Second half performance impacted by legacy issues in UK textiles

* Group continues to take significant steps to resolve issues that surfaced in UK in 2016

* Profitability in 2017 will be more second half weighted

* First half of 2017 will continue to be impacted by legacy operations in UK

* Expect further progress across rest of group in 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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