DS Smith - Results of General Meeting

  • Revenue up 25% to £745.3 million (2010: £597.1 million)
  • Organic revenue growth~ of 9% in difficult market
  • Non-NATO revenues up 81% to 29% of total Group revenue (2010: 20%)
  • Year end order book up 9% at £878.3 million (2010: £803.3 million)
  • Order book today at £980 million, up 9% on January 2011
  • Underlying profit before tax* up 6% to £125.6 million (2010: £118.7 million#)
  • Underlying earnings per share* up 5% at 52.1p (2010: 49.8p#)
  • Profit before tax £90.8 million (2010: £89.1 million)
  • Basic earnings per share 39.8p (2010: 37.8p#)
  • Dividend per ordinary share up 25% at 14.8p (2010: 11.8p#)
  • Underlying operating cash flow* £124.6 million (2010: £128.0 million#)
  • Net debt of £262.7 million (2010: £307.5 million)