AMEC plc 2010 results Strong results reflect operational英文资料.pdfVIP

AMEC plc 2010 results Strong results reflect operational strength and continued growth 2010 highlights Strong operating performance • Revenue £2,950.6 million, up 16 per cent on 2009 1 • EBITA £271.8 million, up 30 per cent 2 • EBITA margin 9.2 per cent, 100 basis points higher • Diluted EPS from continuing operations4 62.5 pence, up 33 per cent Order book strong at £3.1 billion • Order intake over 25 per cent above 2009 Cash flow conversion 83 per cent • Operating cash flow £227 million5 Continued financial strength • Net cash as at 31 December 2010 £740 million Dividends per share up 50 per cent, to 26.5 pence • Over last five years dividends have more than doubled • Progressive dividend policy to be maintained, with cover of 2 to 2.5 times Chief Executive Samir Brikho said: “AMEC made excellent progress in 2010, delivering a record 9.2 per cent EBITA margin and achieving good organic growth in each of our three divisions. “The need for increased industry investment across our core markets supports our future growth, regardless of the pace of economic recovery. We are well positioned to take advantage of the growing demand for natural resources, power and water, and remain very confident about achieving our targeted earnings per share of greater than 100 pence in 2015. “The pipeline of potential acquisitions has strengthened. In 2011 we expect continued growth resulting from our customer focus; with margins maintained at around the 9 per cent mark.” Results presentation and live webcast: AMEC will host a presentation on the preliminary results for analysts and investors at 9.00am today. A live webcast of the event and presentation slides will be available on . Interview: with Samir Brikho, Chief Executive, Ian McHoul, Chief Financial Officer and Neil Bruce, Chief Operating Officer is available at N