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Interim Results

Henry Boot hikes divi after good H1 performance

25 August 2017 07:18

Henry Boot has reported a good first half performance against a strong comparative result in 2016.

Pre-tax profits for the six months to the end of June rose by 8.7% to £22.6m and operating profit was up 8.1% at £22.8m.

Earnings per share rose by 10.1% to 13.1p and the group has declared an interim dividend of 2.80p per share - up 12.0%.

Chief executive John Sutcliffe said: "We are pleased to report another good performance in the first half against a strong comparative result in 2016, with further operational progress delivered across the Group.

"This momentum has continued into the second half of the year and we are seeing high levels of activity across our operations.

"Whilst we remain mindful of a continued degree of economic and political uncertainty, sentiment amongst our customers and clients remains positive and we have a strong pipeline of profitable opportunities.

"The Group continues to trade well and in line with the Board's expectations for the full year."

Story provided by StockMarketWire.com

Related Company: BOOT

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