Half Year Results
to 30th June 2022
4th August 2022
Agenda
- Introduction | John Morgan
- Financial & Operational Review | Steve Crummett
- Outlook | John Morgan
HY Results 2022 | 2 |
Introduction
- Record first half results despite inflation and market headwinds
- Continued balance sheet strength with significant daily cash
- Operational rigour, contract discipline and risk management a key focus for the Group
- High-qualityorder book with good prospects in the pipeline
- Interim dividend up 10%
- Expect to deliver a result for FY 2022 which is slightly ahead of our previous expectations
HY Results 2022 | 3 |
Financial & Operational Review
Steve Crummett
Summary Income Statement
Adjusted* basis | HY 2022 | HY 2021 | Change |
£m | |||
Revenue | 1,698 | 1,559 | +9% |
Operating profit | 56.9 | 54.8 | +4% |
Operating margin | 3.4% | 3.5% | -10bps |
Net Interest | (2.3) | (1.7) | -£0.6m |
Profit before Tax | 54.6 | 53.1 | +3% |
Tax | (10.9) | (10.2) | -£0.7m |
Profit after Tax | 43.7 | 42.9 | +2% |
Earnings per Share (p) | 95.8p | 93.1p | +3% |
Dividend per Share (p) | 33.0p | 30.0p | +10% |
- before intangible amortisation of £0.9m (HY 2021: before intangible amortisation of £0.7m and deferred tax charge of £1.9m)
HY Results 2022
Record first half performance for the Group
5
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Morgan Sindall Group plc published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 08:56:04 UTC.