Final Results
Highlights
· Performance in line with expectations
· Progress across all key focus areas
‐ Success of and growth in demand for IP based 'Workplaces' portfolio, including successful HMRC implementation and further significant opportunities in pipeline
‐ Acceleration of fibre deployment in Hull & East Yorkshire, following continued strong demand for fibre and broadband services, well ahead of national average
· Business transformation continues to create more agile operating model
‐ Integration of brands to focus investment on growth in the Enterprise, Small and Medium-sized Business (SMB) and Consumer segments
‐ Continued move towards effective, efficient support services/back office operations, implementation of common systems and processes support consolidation of teams
· Pre-exceptional operating profit up 4% to £57.2m (2014: £55.0m), reported operating profit £22.4m (2014: £55.6m)
· Adjusted basic EPS up 5% to 7.91p (2014: 7.55p)
· Proposed final dividend of 3.58p (2014: 3.25p), representing sixth year of at least 10 per cent dividend growth