BATS final results December 2017
Revenue for the year shot up to GBP20.3 billion (GBP14.8 billion) and profit from operations jumped to GBP6.5 billion (GBP4.7 billion). Profit attributable to owners multiplied to GBP37.5 billion (R4.6 billion). In addition, headline earnings per share increased exponentially to GBP702.2p per share (GBP205.6p per share).
On 26 April 2017, the Group announced its move to quarterly dividends with effect from 1 January 2018. Further to that announcement, the board has declared an interim dividend of GBP195.2p per ordinary share of 25p, payable in four equal quarterly instalments of 48.8p per ordinary share in May 2018, August 2018, November 2018 and February 2019. This represents an increase of 15.2% on 2016 (2016: 169.4p per share), and a payout ratio, on 2017 adjusted diluted earnings per share, of 69%.
With effect from the conclusion of the Annual General Meeting on 25 April 2018:
* Ann Godbehere who has served as a Non-Executive Director since October 2011 and is a member of the Nominations and Remuneration Committees; and
* Dr Pedro Malan who has served as a Non-Executive Director since February 2015 and is a member of the Nominations and Audit Committees,
will retire from the board.