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03 Mar 2015
Laird PLC today announces its final results for the year ended 31 December 2014.
|12 months to 31/12/2014||12 months to 31/12/2013||Increase|
|Operating profit1, £||£71.2m||£67.2m||+6%|
|Operating profit1, US$||$117.4m||$105.0m||+12%|
|Underlying profit before tax2||£63.2m||£60.1m||+5%|
|Statutory profit after tax||£50.2m||£30.8m||+63%|
|Underlying basic earnings per share2,3||19.1p||18.6p||+3%|
|Statutory basic earnings per share3||18.8p||11.6p||+62%|
|Dividend per share||12.5p||12.0p||+4%|
Strong financial performance with good organic growth for the year
Delivering against our strategy for growth and creating value
David Lockwood, Chief Executive, commented: “Our consistent and disciplined strategy of investing for growth and driving cultural change is transforming our business, with good revenue growth and stable profit margins. We have reported a number of successful strategic milestones this year through our focus on innovation, reliable fulfilment and speed to capture customer mindshare and deliver shareholder value. We have a clear strategy and operate in attractive growth markets. We have started 2015 with good momentum and believe that we are well placed for further growth over the year”.
David Lockwood, Chief Executive
Jonathan Silver, Chief Financial Officer
Cynthia Alers, VP, Director Investor Relations
Tel: +44 (0)20 7468 4040
Tel: +44 (0)20 3128 8100
Laird is a global technology company focused on providing systems, components and solutions that protect electronics from electromagnetic interference and heat, and that enable connectivity in mission-critical wireless applications and antennae systems. We are a global leader in the field of innovative radio frequency (“RF”) engineering.
An analyst presentation will be held today at 10.00 am at JP Morgan, 60 Victoria Embankment, London EC4Y 0JP. A live webcast of the presentation will be hosted on www.laird-plc.com. A replay of the webcast will also be available on our website for two weeks after the event.
Full Year Results 2014 (819KB PDF)