Headline revenue growth of 5.8%, of which 4.9% was organic
Headline operating profit of £128.6m, generating a 5.7% operating profit margin
Excellent headline cash conversion of 95.1% (2014: 102.4%) and statutory cash conversion of 126.5% (2014: 107.3%); above target KPI of 80%
Strong dividend growth of 6.4% to 11.7 pence per share
Net debt of £177.8m or 1.2x headline EBITDA (2014: £186.6m or 1.3x headline EBITDA)
Return on capital employed of 18.6% (2014: 16.9%)
Organic growth driven by facilities management
Strong organic growth of 6.1% in FM, with margins at 6.0% and an excellent retention rate of 96%
Transformational partnership delivering integrated FM for Lloyds Banking Group extended until 2022
Our homecare and social housing businesses have been impacted by market pressures. We remain confident of longer-term opportunities in these businesses
De-risked the business by completing business exits
We have completed the exit from our mechanical and electrical engineering construction and Asset Management businesses. Exceptional charges incurred were £15.9m and £45.7m respectively (2014: £13.6m and £25.4m), in line with previous guidance; there will be no further provisions or exceptional charges relating to either of these businesses
Significantly reduced the potential volatility of the group's earnings going forward
Well positioned for growth
85% of 2015/16 budgeted revenue secured (prior year: 84%)
Sales pipeline buoyant at £9.7bn (2014: £8.2bn) and order book remains strong at £9.0bn (2014: £8.7bn)
Launching a £20m entrepreneurial fund to back management teams under the 'Mitie Model', to start up new businesses or invest in and grow existing small businesses
Ruby McGregor-Smith CBE, Chief Executive of Mitie Group plc, commented:
"Mitie has made good progress this year. We have repositioned the business and lowered our risk profile. Our facilities management business accounts for c.85% of group revenue and is a UK market leader.
"We see considerable opportunities across our markets, to provide clients with higher quality, innovative services that save them money. We also see this as a positive environment in which to start and grow businesses, and we plan to back entrepreneurs to do this through our £20m 'Mitie Model' entrepreneurial fund.
"We are only as good as all our people, and supporting and developing them is critical to our ongoing success.
"We are focused on generating profits backed by cash, maintaining strong margins and growing the dividend. With a substantial order book and sales pipeline, we are now well placed to deliver good growth. We look ahead with confidence."
