Half Year Results

to 30th June 2021

4th August 2021

Agenda

  • Introduction | John Morgan
  • Financial & Operational Review | Steve Crummett
  • Capital Allocation | John Morgan

HY Results 2021

2

Introduction

  • Momentum has increased throughout the Group
  • 3 profit upgrades in the first 6 months
  • Trading well-ahead of pre-pandemic levels
  • Very strong cash performance
  • Good market conditions at present
  • ESG remains a core focus. Annual update at FY results

HY Results 2021

3

Financial & Operational Review

Steve Crummett

Summary Income Statement

Adjusted* basis £m

HY 2021

HY 2020

Change vs

HY 2019

Change vs

HY 2020

HY 2019

Revenue

1,559

1,363

+14%

1,421

+10%

Operating profit

54.8

18.1

+203%

37.5

+46%

Operating margin

3.5%

1.3%

+220bps

2.6%

+90bps

Net Interest

(1.7)

(2.4)

+£0.7m

(1.2)

-£0.5m

Profit before Tax

53.1

15.7

+238%

36.3

+46%

Tax

(10.2)

(3.3)

-£6.9m

(7.4)

-£2.8m

Profit after Tax

42.9

12.4

+246%

28.9

+48%

Earnings per Share (p)

93.1p

27.4p

+240%

64.2p

+45%

Dividend per Share (p)

30.0p

21.0p

+43%

21.0p

+43%

  • before intangible amortisation of £0.7m and deferred tax charge of £1.9m (HY 2020: intangible amortisation of £2.1m, HY 2019 intangible amortisation of £0.8m)

HY Results 2021

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Morgan Sindall Group plc published this content on 04 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2021 09:05:07 UTC.