Financial Results
Interim Results
30 June 2005
Investment strategy delivers strong growth in new business areas
| 6months ended 30June 2005 |
6months ended 30June2004 |
Growth | |
|---|---|---|---|
| Revenue | £389.0m | £338.9m | 14.8% |
| Gross profit | £337.1m | £294.5m | 14.5% |
| Operating profit | £43.6m | £38.7m | Note1 |
| Profit before tax | £36.9m | £35.4m | Note1 |
| Underlying profit before tax (UK GAAP*) |
£40.3m | £36.4m | 10.7% |
- Organic revenue growth 7.5% in constant currencies
- Gross margin upto 8.9% (2004: 8.1%)
- Synovate revenues up 17.9% to £144.8m (2004: £122.8m)
- Media revenues up 13.0% to £244.2m (2004: £216.1m)
- Operating profit up 15.9% on a comparable UK GAAP* basis
- IFRS profit before tax £36.9m after an exceptional credit of £1.3m
- Underlying profit before tax up 10.7% to £40.3m on a comparableUK GAAP* basis
- Dividend up13% to 0.65p per share