Business
Half year results
Half year results.
About this update from Stv Group Plc
[{"type":"text","content":"\n \nRNS Number : 1779Q STV Group PLC 28 August 2014 \n \n\n28 August 2014\n \nSTV Group plc Half Year Results 2014\nHalf year results for the six months ended 30 June 2014 \n \nCommercially focused; creatively led\n \n\n\n\n\nFinancial highlights\n\n\nH1 2014\n\n\nH1 2013\n\n\nYear on year\n\n\n\n\nRevenue\n\n\n£54.7m\n\n\n£51.2m\n\n\n 7%\n\n\n\n\nEBITDA \n\n\n£10.7m\n\n\n £9.4m\n\n\n14%\n\n\n\n\nOperating profit\n\n\n £9.8m\n\n\n £8.2m\n\n\n20%\n\n\n\n\nPre-tax profit and IAS 19 interest\n\n\n £8.4m \n\n\n £6.7m\n\n\n25%\n\n\n\n\nPre-tax profit \n\n\n £8.4m\n\n\n £6.2m\n\n\n35%\n\n\n\n\nEPS pre IAS 19 interest\n\n\n18.7p\n\n\n14.3p\n\n\n31%\n\n\n\n\nStatutory EPS\n\n\n18.7p\n\n\n13.2p\n\n\n42%\n\n\n\n\nNet debt\n\n\n£40.1m\n\n\n£43.4m\n\n\n-8%\n\n\n\n\n \nHighlights\n \n- Enhanced dividend policy announced with increase to planned level of interim dividend payment from 1.0 pence to 2.0 pence per share and an intended final 2014 dividend of 4.0 pence per share; making a total of 6.0 pence per share for the full year \n \n- Financial performance in line with forecasts and KPI performance in line with growth expectations\n \n- Robust balance sheet as net debt continues to reduce, down 8% at £40.1m, and on track to achieve net debt: EBITDA target of less than 1.5x for year end\n \n- &nbs...