Five Year Summary
“Our strategy for some time has been to achieve sustainable earnings growth by diversifying our business base and building recurring revenue streams.
The core principles on which those strategic aims are built are:
- Financial Strength - underpinned by disciplined approach to investment: focussed on an agency model: high balance sheet liquidity;
- Partnership Culture - proper alignment and reward sharing between employees and shareholders: long term view focussed on relationships not transactions.
The Group has stayed true to these values throughout the downturn of 2008 and 2009, both in growing our existing businesses and developing new ones. The Group aims to maintain a high cash generation and low fixed cost agency model to deliver high margin and low risk returns. The heart of the Group's business is building long term client relationships and developing a true partnership culture."
Alex Snow
Chief Executive, 2009 Report and Accounts
£'m’s 2010 interim 2009 interim 2009 final 2008 final 2007 final 2006 final 2005 final £m'’s £m’s £m’s £m’s £m’s £m’s £m’s Total Income 56.1 52.6 129.4 63.9 85.5 82.9 72.0 Adjusted Operating Profit 7.0 9.1 21.1 1.9 22.1 21.3 25.4 Statutory Operating Profit 4.5
Statutory Profit/(Loss) before Tax from Continuing Operations
3.0
3.6
11.1
(12.7)
3.2
15.8
58.6 Statutory Diluted Earnings per share 1.24p 1.23p Dividends per share 1.00p 0.80p 2.50p 2.02p 1.92p 1.50p 1.20p Balance Sheet Net Assets 131.2 147.1 137.2 147.2 155.3 154.0 156.7 Assets under mgmt and administration 5.100 4.200 5.200 3.400 3.000 2,500 900
3.7
3.87p
(5.18)p
1.19p
2.83p
24.36p
