Five-year review

   2016*† £m 2017*† £m 2018† £m 2019   £m 2020 £m
Revenue          
Maritime 322.1 329.5 317.9 353.0 391.8
Intelligence & Communications 221.2 200.5 211.1 224.8 241.0
Critical Detection & Control 242.5 245.4 237.7 247.6 227.0
Total revenue 785.8 775.4 766.7 825.4 859.8
Underlying operating profit1          
Maritime 59.0 59.3 52.8 52.5 58.6
Intelligence & Communications 30.5 18.8 21.6 30.2 33.5
Critical Detection & Control 41.6 42.0 38.3 35.5 34.0
Total underlying operating profit1 131.1 120.1 112.7 118.2 126.1
Margin1 16.7% 15.5% 14.7% 14.3% 14.7%
Profit before tax 67.6 60.6 42.6 91.0 103.7
Profit after tax 58.3 48.9 32.4 74.6 83.8
Underlying operating cash flow2 120.4 116.5 89.3 86.8 116.1
Free cash flow3 86.0 65.3 67.6 64.7 99.4
Net debt at year end4 (256.7) (74.5) (157.5) (154.8) (85.8)
Underlying earnings per share (p) 5 134.6 116.7 109.5 119.5 130.6
Dividend per share (p) 47.8 49.6 51.6 54.2^ 56.9
Average employee numbers 4,466 4,172 4,119 4,089 4,253

The operating segment split for 2016 to 2019 has been restated to reflect the new segments that became effective from 1 January 2020.
1. Underlying operating profit is before amortisation of intangibles arising on acquisition, acquisition and disposal related costs, significant legal charges and expenses and, for 2018 and earlier,
the S3 programme and impairments. See note 2. Underlying operating margin is the underlying operating profit as a percentage of revenue
2. Underlying operating cash flow is cash generated by operations, less principal payments on finance leases, less net capital expenditure and R&D, and excluding cash outflows from acquisition and disposal
related payments and significant legal charges and expenses and, for 2018 and earlier, the S3 programme. See note 2
3. Free cash flow is before dividends paid, acquisitions, disposals and financing. The definition has been revised to deduct the principal payments on leases, the 2019 comparative has been restated. See note 2
4. Net debt is loans, overdrafts and finance lease liabilities less cash and cash equivalents. See note 27
5. Underlying earnings per share is before amortisation of intangibles arising on acquisition, fair value movements on derivatives, acquisition and disposal related costs net of contingent consideration
adjustments, gain or loss on disposal, significant legal charges and expenses and, for 2018 and earlier, the S3 programme, impairments, GMP equalisation and defined benefit pension finance charges
and in 2018 the loss on closing out a foreign currency derivative contract. 
* Not prepared under IFRS 15
† Not prepared under IFRS 16
^ when including the 2019 final dividend that was withdrawn as a precautionary measure due to the Covid-19 pandemic, and paid on 18 September 2020 as an additional interim dividend.

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