RESULTS FOR THE SECOND QUARTER AND HALF YEAR TO 30 SEPTEMBER 2010
Key points for the second quarter:
Adjusted revenue1 of 4,977m, down 3%
Adjusted EBITDA1 of 1,452m, up 3%
Adjusted profit before tax1 of 496m, up 13% (reported profit before tax of 406m, up 48%)
Adjusted earnings per share1 of 5.1p, up 16% (reported earnings per share down 7% due to prior year tax credit)
Free cash flow2 of 535m; 950m in the half year, up 63%
Net debt2 of 8.7bn, down by 1.2bn
Interim dividend of 2.4p per share, up 4%
2010/11 full year outlook raised:
- adjusted EBITDA1 expected to be around 5.8bn
- free cash flow1 expected to be 2bn
Free cash flow1 in 2011/12 and 2012/13 expected to be above 2bn