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Latest News
13/05/2008 PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 MARCH 2008
VT Group plc, the support services and shipbuilding company, today announces its preliminary results for the year ended 31 March 2008. These results are prepared under International Financial Reporting Standards. more

More on the VT/BAE Joint Venture
Read the extended RNS release regarding the VT Group and BAE Systems Shipbuilding Joint Venture


Warning to Investors
We are aware that a number of investors have been contacted by investment advisors based outside the EU and purporting to be associated with VT Group plc. This is emphatically not the case.

You should be aware that all financial advisors must be registered with the FSA and a list of authorised investors can be found on their website

As these businesses are located outside the UK any registration you may have with the Telephone Preference Service will be ignored by them.

Please report any contact you have with these businesses to the FSA and to the Assistant Company Secretary, Caroline Speller


Key Data
Results Summary - for year ended 31 March 2008

2008

2007

• Turnover*: up 20% to

£1,201.0m

£1,004.6m

• Revenue Excluding Joint Ventures: up 20% to

£1020.0m

£852.5m

• Underlying Profit Before Taxation**: up 20% to

£89.1m

£74.2m

• Profit Before Taxation: up 33% to

£71.3

£53.8m

• Adjusted Earnings Per Share (p)*** up 15% to

35.5p

30.9p

• Basic Earnings per share: up 27% to

32.2p

25.4p

• Final Dividend Per Share (p): up 11% to

13.1p

11.9p


* Includes share of revenue from equity accounted joint ventures and associates
** Excludes intangible amortisation arising from business combinations (£9.9m; 2007: £7.7m), share of joint venture taxation (£7.9m; 2007: £6.7m) and non-recurring charges in respect of exiting businesses (£nil; 2007: £6m)
*** Before intangible amortisation arising from business combinations and non-recurring charges in respect of exiting businesses

What is our current share price?
How has our share price performed? View our share price graph.

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Financials
Preliminary Results
The results for the twelve months months ended 31 March 2008 demonstrate VT’s performance and pursuit of consistent strategy. More on our Preliminary Results

Interim Results
Our interim results for the half year ended 30 September 2007 demonstrate strong organic growth in revenues and underlying profits. More on our Interim Results

Annual Report and Accounts
VT’s Results for the year ended 31 March 2007 are available.
Download the results in PDF format (3.2Mb)
Click here to download further previous years results


Shareholder Information
Board of Directors
Mike Jeffries Chairman
Paul Lester Chief Executive
Chris Cundy Group Commercial Director
Phil Harrison Group Finance Director
Baroness Blackstone Non-executive Director
Andrew Given Non-executive Director
David Barclay Non-executive Director
Admiral the Lord Michael Boyce Non-executive Director
Ian Tyler Non-executive Director
More on our Board of Directors.

2007 Annual General Meeting
The 2007 AGM took place on 25 July at the Botley Grange Hotel, Hedge End, Southampton at 12 noon.
View or download the results of the proxy votes (334kb)

Considering investing in VT? Download our investor pack, (9.1Mb) which includes the latest report and accounts, corporate brochure and investor presentation.

Do you have a question about your shareholding? View our shareholder FAQs.

Alternatively, contact our investor relations team.

 
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