https://www.investegate.co.uk/kingfishe ... 00053696T/
Financial highlights % Total % Total % LFL*
Change Change Change
---------------------------------------------------- --------- ----------- ----------
2018/19 2017/18 Reported Constant Constant
currency* currency
-------------------------- ----------- ----------- --------- ----------- ----------
Sales* GBP11,685m GBP11,655m +0.3% +0.3% (1.6)%
Gross margin* 36.9% 36.9% - (10)bps
Retail profit* GBP753m GBP849m (11.3)% (11.4)%
Underlying pre-tax
profit* GBP693m GBP797m (13.0)%
Adjusted pre-tax profit* GBP573m GBP683m (16.1)%
Underlying basic EPS*(1) 23.9p 25.5p (6.3)%
Adjusted basic EPS*
(1) 19.8p 21.8p (9.2)%
Lease adjusted ROCE*(1) 9.7% 10.4% (70)bps
Full year dividend 10.8p 10.8p -
Net cash* GBP48m GBP68m n/a
-------------------------- ----------- ----------- --------- ----------- ----------
(1) FY 2017/18 includes c. GBP20m corporate tax surcharge in
France
and:
Dividends and capital returns
The Board has proposed a final dividend of 7.49p which results in a full year dividend of 10.82p (2017/18: 10.82p). The full year dividend is covered 1.8 times by adjusted earnings (2017/18: 2.0 times). We continue to be comfortable with medium term dividend cover in the range of 2.0 to 2.5 times(1) based on adjusted basic earnings per share, a level the Board believes is consistent with the capital needs of the business.
The final dividend will be paid on 15 July 2019 to shareholders on the register at close of business on 7 June 2019. A dividend reinvestment plan (DRIP) is available to shareholders who would prefer to invest their dividends in the shares of the Company. The shares will go ex-dividend on 6 June 2019. For those shareholders electing to receive the DRIP the last date for receipt of election is 24 June 2019.
TJH