Investor Centre

Financial Highlights

6 months ended 30 June 2014

Revenue:

US$ 632.3 million

6 months ended
30 June 2013**:
US$ 506.6 million

Operating profit:

US$ 53.4 million

6 months ended
30 June 2013**:
US$ 19.2 million

Profit Before Tax*:

US$ 46.5 million

6 months ended
30 June 2013**:
US$ 14.2 million

Diluted EPS:

26.86 US Cents

6 months ended
30 June 2013**:
2.52 US Cents

Dividend:

Nil

6 months ended
30 June 2013**:
Nil

* From continuing operations before income tax and before exceptional items

** Note that H1 2013 has been re-presented with Inspec and Litwin businesses included as discontinued operations in accordance with IFRS


  2009 2010 2011 20126 20136
Revenue $mn 425.5 503.8 1,147.9 1025.9 1091.8
EBITDA before exceptional items $mn 41.2 79.81 100.83 (63.0)4 86.15
EBITDA $mn 41.2 78.4 90.3 (67.7) 77.7
Net profit (loss) before income tax and exceptional items $mn 28.4 66.61 74.03 (105.7)4 45.95
Net profit (loss) $mn 28.4 65.2 63.3 (111.2) 36.4
Earnings per share - Diluted (cents) 14.2 30.02 26.5 (42.7) 14.0
Interim dividend (cents per share)

Nil

3.8 4.0 Nil Nil
Final dividend (cents per share) 3.8 9.5 8.0 Nil Nil

Previous years’ figures have been normalised in line with current year presentation of results to include exceptional items for all years

1 Exceptional items during 2010 relate to Lamprell Asia Limited liquidation costs.
2 EPS has been restated for the bonus element of the 2011 rights issue.
3 Exceptional items during 2011 relate to MIS acquisition costs.
4 Exceptional items during 2012 relate to regulatory fine and related charges.
5 Exceptional items during 2013 relate to the cost of the debt refinancing.
6 Revenue for the year is from the Group's continuing operations only; all other figures for years 2013 and 2012 include the profit from continuing and discontinued operations.