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Interim Results

WS Atkins underlying pre=tax profits up

17 November 2016 07:27

WS Atkins reports good overall results for the six months to the end of September with underlying profit before tax up 14.0%. The full year outlook is unchanged.

Financial highlights

- Revenue up 10.0% to £994.7m, up 4.0% on a constant currency basis

- Underlying operating profit up 10.7%, underlying constant currency operating profit up 4.3%

- Underlying profit before tax of £63.6m, up 14%

- Underlying diluted EPS up 12.6%, interim dividend up 6.8%

- Net borrowings of £90.3m at September 2016, following acquisition of EnergySolutions' project, products and technology (PP&T) business

The board has declared an interim dividend of 12.5p per share, representing an increase of 6.8% on last year.

The interim dividend will be paid on 6 January to all shareholders on the register on 25 November.

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Related Company: ATK

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