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 |
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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.