13 Mar 2006

Preliminary Results for the Year Ended 31 December 2005

Click the icon for the full preliminary results announcement. The highlights are:

Interserve, the services, maintenance and building group, announces its preliminary results for the year ended 31 December 2005.

• Revenue (net of works bills) up 4.0 per cent to £1,168.2 million (2004: £1,123.7 million)
• Profit before tax up 15.7 per cent to £47.9 million (2004: £41.4 million)
• Headline earnings per share up 14.0 per cent to 26.1p (2004: 22.9p)
• Full-year dividend up 4.3 per cent to 14.7p (2004: 14.1p)

Chief Executive Adrian Ringrose commented,

"Our performance in 2005 was strong. Key drivers were the growing trend towards public sector outsourcing in the UK together with an increased level of activity in our Middle Eastern businesses enabled by timely investment in people, systems and business infrastructure. Overall healthy trading conditions, together with the excellent visibility of our future workload, underpin our confidence in achieving continued growth."