Dart Group PLC Declares Interim Dividend for the Half Year Ended September 30, 2018, Payable on February 4, 2019; Reports Unaudited Consolidated Earnings Results for Six Months Ended September 30, 2018; Provides Tax Rate Outlook for the Year 2018
The company reported unaudited consolidated earnings results for six months ended September 30, 2018. For the period, the company's revenue was £2,247.1 million against £1,652.5 million a year ago. Operating profit was £350.1 million against £208.6 million a year ago. Profit before taxation was £337.4 million against £216.2 million a year ago. Profit attributable to equity shareholders of the parent was £276.7 million against £177.2 million a year ago. Diluted earnings per share were 185.55 pence against 118.88 pence a year ago. Net cash from operating activities was £423.8 million against £257.2 million a year ago. Purchase of property, plant & equipment was £132.1 million against £90.4 million a year ago.
The taxation charge for the six months ended September 30, 2018 was £60.7 million reflects an estimated effective tax rate of approximately 18% for the year 2018.