Reuters logo
BRIEF-Genus says full-year revenue rises 18 pct on new contracts
September 7, 2017 / 6:31 AM / 13 days ago

BRIEF-Genus says full-year revenue rises 18 pct on new contracts

Sept 7 (Reuters) - Genus PLC

* ‍FY ADJUSTED REVENUE 459.1 MILLION STG VERSUS 388.3 MILLION STG YEAR AGO​

* FY REVENUE OF £459.1M INCREASED 18%

* FY ADJUSTED PROFIT BEFORE TAX UP 13% TO £56.4M (DOWN 1% IN CONSTANT CURRENCY)

* ‍FY ADJUSTED PROFIT BEFORE TAX 56.4 MILLION STG VERSUS 49.7 MILLION STG YEAR AGO​

* FY STATUTORY PROFIT BEFORE TAX DOWN 33% TO £40.7M PRIMARILY DUE TO LOWER PENSION RELATED EXCEPTIONAL CREDITS OF £5.7M COMPARED WITH A £44.2M CREDIT IN PRIOR YEAR

* FY STRONG FREE CASH FLOW 1 OF £25.4M (2016: £15.7M)

* RECOMMENDED DIVIDEND INCREASED BY 10% TO 23.6P, WELL COVERED BY ADJUSTED EARNINGS AT 2.9 TIMES (2016: 2.8 TIMES)

* FY NET DEBT TO EBITDA OF 1.5X (2016: 1.4X) AFTER ACQUISITIONS AND INVESTMENTS OF £30.0M (2016: £7.2M)

* VOLUMES GROWTH OF 8% IN H2 RESULTING IN VOLUMES GROWTH OF 1% OVERALL IN YEAR (2016: 6% LOWER

* “WE SEE SOLID GROWTH OPPORTUNITIES IN YEAR AHEAD ACROSS OUR BUSINESSES AND ANTICIPATE PERFORMING IN LINE WITH OUR EXPECTATIONS” Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below