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Highlights

   
 

Financial Highlights:

  • Group revenues up 4.8% to £2.38 billion (2006: £2.27 billion)
  • Adjusted* profit before tax up 12.3% to £42.7 million (2006: £38.0 million)
  • Adjusted* diluted earnings per share up 34.1% to 18.5p (2006: 13.8p)
  • Final dividend of 5.5p per share, total dividend 8.0p (2006: 7.5p)
  • Net borrowings before customer-specific financing of £16.2 million (2006: net funds of £29.4 million)

Statutory Performance:

  • Profit before tax up 27.7% to £42.1 million (2006: £32.9 million)
  • Diluted earnings per share up 67.0% to 18.2p (2006: 10.9p)
  • Net borrowings of £79.8 million (2006: net funds of £10.8 million)

Operating Highlights:

  • First Group revenue growth since 2003
  • UK business enters 2008 with a record contract base and a strong pipeline of new business across market sectors
  • Best ever performance from Computacenter Germany since acquisition with growth across both product and services
  • Significant progress achieved in France driven by key management initiatives

* Adjusted for exceptional items and amortisation of acquired intangibles.

 
     
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