According to Informa:
Key Highlights
* Solid revenue growth: Reported growth of +8.6% to £618.8m revenue, reflecting 2% underlying growth, ex-phasing, and positive returns from acquisitions (H1 2014: £569.6m)
* Improved adjusted operating profit: +14.2% to £190.4m (H1 2014: £166.7m)
* Higher statutory profit: £99.8m (H1 2014: £79.5m)
* Enhanced adjusted EPS: +8.5% to 21.8p (H1 2014: 20.1p)
* Strong free cash flow: £116.4m (H1 2014: £64.7m)
* Robust balance sheet: Net debt/EBITDA 2.4 times (H1 2014: 2.3 times)
* Increased interim dividend: up 2.3% to 6.55p (H1 2014: 6.4p)
Stephen A. Carter said: "Performance and progress in the business, combined with our International expansion is beginning to deliver results." He added: "Our strategy of Measured Change and our improving operational capabilities allow us to raise the interim dividend, fully fund our investment programme and commit to our growth ambitions for the full year.”
