Highlights
Core Growth underlying revenue up 3% and underlying operating margin up 40bps
Productivity improvements enable plant consolidation: £1.2 million of costs charged to operating profit
Adjusted Group earnings per share up 5% despite strength of Sterling
Free cash flow of £30.8m; expect to achieve c. 100% conversion for the full year
Interim dividend up 8%
Iain Ferguson, Chairman of Berendsen, commented
"We are pleased to report a good set of results for the period, which reflect continued momentum towards achieving our strategic objectives. Whilst our reported results are likely to continue to be influenced by the impact of currency translation, the Board expects to achieve a year of good underlying progress in line with its previous expectations."
