2010 Highlights
Despite what continue to be challenging economic conditions, we have again made excellent progress in the first half of the year.
Revenues
0.9% revenue growth on a constant currency basis
Underlying operating profit
A 10% increase in underlying operating profit on a constant currency basis
Underlying operating margin
A 50 basis point increase in underlying margin
Underlying basic earnings per share
A 17% increase in underlying basic earnings per share
Dividends per share
A 14% increase in the interim dividend per ordinary share
Free cash flow
A 46% increase in free cash flow
- 1
- Constant currency restates the prior year results to 2010’s average exchange rates.
- 2
- Underlying operating profit includes share of profit of associates but excludes the amortisation of intangibles arising on acquisition and acquisition transaction costs.
- 3
- Underlying operating profit by region excludes share of profit of associates and the amortisation of intangibles arising on acquisition and acquisition transaction costs.
- 4
- Underlying operating margin is based on revenue and operating profit excluding share of profit of associates and the amortisation of intangibles arising on acquisition and acquisition transaction costs.
- 5
- Underlying basic earnings per share excludes the amortisation of intangibles arising on acquisition, acquisition transaction costs, hedge accounting ineffectiveness, the change in the fair value of investments and minority interest put options and the tax attributable to these amounts.
- 6
- Organic growth is calculated by adjusting for acquisitions (excluding current period acquisitions and including a full period in respect of prior period acquisitions), disposals (excluded from both periods) and exchange rate movements (translating the prior period at current year exchange rates) and compares the current period results against the prior year.
- 7
- Unless stated otherwise, all figures in this document relate to the six months ended 31 March 2010.
- 8
- Unless otherwise indicated, the data shown in the Chief Executive’s statement and Our sectors relates to the continuing business only.
