Financial Performance

  • Revenue growth of 17.5% to £481.8 million.
  • Underlying operating profit growth of 27.3% to £127.4 million.
  • Underlying EBIT margin expansion of 200 bps to 26.4%.
  • Underlying diluted EPS increased by 16.6% to 90.01 pence.
  • Reported operating profit growth of 13.5%.
  • Full year dividend increased by 23.9% to 31.60 pence.

All of the above measures are at CER unless otherwise stated.

Read the Financial Review

Strategic Progress

  • Recent acquisitions performing ahead of expectations.
  • CAP outperformance in all key markets;
  • FAP growth continuing.
  • Numerous product registrations achieved, and new development opportunities secured.

Read about Our Strategy

 

Total
Revenue

£481.8m

2018: £407.1m

AER: +18.3% CER: +17.5%

20152016201720182019

Underling
Operating Profilt

£127.4m

2018: £99.2m

AER: +28.4% CER: +27.3%

20152016201720182019

Underlying Diluted
Earnings Per Share

£90.01p

2018: 76.45p

AER: +17.7% CER: +16.6%

20152016201720182019

Dividend
Per Share

£31.60p

2018: 25.50p

AER: +23.9% CER: +23.9%

20152016201720182019

Reported
Operating Profit

£39.0m

2018: £34.1m

AER: +14.4% CER: +13.5%

20152016201720182019

Reported Diluted
Earnings Per Share

£30.07p

2018: 37.04p

AER: (18.8%) CER: (19.6%)

20152016201720182019

CER is defined as Constant Exchange Rate against prior year, whilst £ is at reported, Actual Exchange Rate (AER). A reconciliation of underlying to reported measures can be found in the Financial Review.