· Strong operational performance in all our businesses
· Business performance net profit (1)(2) up 20% to US$190 million
· Reported net loss (2) of US$17 million post impairments and exceptional items of US$207 million
· New order intake (3) of US$3.3 billion year to date; backlog (4) of US$9.7 billion at 30 June 2018
· Net debt of US$0.9 billion in line with expectations
· Signed US$0.8 billion of divestments year to date
· Interim dividend of 12.7 cents per share in line with dividend policy
And later;
DIVIDEND
In August 2017, the Board approved a sustainable dividend policy that targets a dividend cover of between 2.0x and 3.0x business performance net profit as the Group transitions back towards a low capital intensity business model. This new policy also targets paying an interim dividend each year of approximately 33% of the prior year total dividend.
In line with this policy, the Board has declared an interim dividend of 12.7 cents per share (2017: 12.7 cents). The interim dividend will be paid on 19 October 2018 to eligible shareholders on the register at 21 September 2018 (the 'record date'). Shareholders who have not elected to receive dividends in US dollars will receive a sterling equivalent. Shareholders can elect by close of business on the record date to change their dividend currency election.
https://www.investegate.co.uk/petrofac- ... 00300982Z/