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Press Release

Annual Results 2014

by Interserve Press Office | Feb 26, 2015

Strong growth and strategic progress 

Read the highlights below or download the full year results by clicking here.

Interserve, the international support services and construction group, reports on a year of strong growth and strategic progress, with its annual results for the year ended 31 December 2014.

 

2014

2013

 

Revenue

£2,913.0m

£2,192.6m

+33%

Headline Total operating profit*

£117.2m

£86.7m

+35%

Headline pre-tax profit*

£106.2m

£81.1m

+31%

Profit before tax

£61.9m

£68.1m

-9%

Headline earnings per share*

58.8p

47.7p

+23%

Full-year dividend

 23.0p 

21.5p 

+7% 

Highlights

  • Revenue growth of 33 per cent (organic growth of 10 per cent) 
  • Total operating profit growth of 35 per cent (organic growth of 9 per cent) 
  • Headline earnings per share growth of 23 per cent (organic growth of 14 per cent) 
  • Full-year dividend: Recommended increase of 7 per cent to 23.0p 
  • £4.1 billion of new business won in 2014 
  • Record future workload of £8.1 billion, up 26 per cent

Chief Executive Adrian Ringrose commented:

“2014 was a landmark year for the business in which we advanced our strategy and delivered 35 per cent operating profit growth including strong organic growth despite continuing challenging conditions in a number of our markets. We made two strategic acquisitions (Initial Facilities and the Employment & Skills Group), each of which deepened our presence in core outsourcing markets.

Our focus on providing high quality services to both new and existing clients resulted in strong work winning during the year, with our future workload rising 26 per cent to a record £8.1 billion.

Looking to the future, we are encouraged by the growth potential of the business. Our attractive positioning in our core markets and our ability to identify, invest in and deliver on attractive project and corporate opportunities is a powerful differentiator.

– Ends –

For further information please contact:

Rhys Jones, Group PR Manager
+44 (0) 118 9602285 

Robin O’Kelly, Group Director of Communications          
+44 (0) 7786 702526 

Richard Campbell/Michael Kinirons, CNC
+44 (0) 203 219 8816

About Interserve

Interserve is one of the world’s foremost support services and construction companies. Our vision is to redefine the future for people and places. Everything we do is shaped by our core values. We are a successful, growing, international business: a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. We are headquartered in the UK and listed in the FTSE 250 index. We have gross revenues of £3.3 billion and a workforce of circa 80,000 people worldwide.

www.interserve.com
For news follow @interservenews

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