| Note |
2018 £m |
2017 £m |
||
| Revenue | 1,920 | 1,660 | ||
| Cost of sales | (1,451) | (1,255) | ||
| Gross profit | 469 | 405 | ||
| Administrative expenses | (87) | (83) | ||
| Operating profit | 2 | 382 | 322 | |
| Financial income | 3 | 3 | 4 | |
| Financial costs | 3 | (10) | (12) | |
| Net financing costs | (7) | (8) | ||
| Share of profit of joint ventures after interest and taxation | 10 | 5 | 1 | |
| Profit before tax | 380 | 315 | ||
| Income tax expense | 4 | (72) | (62) | |
| Profit for the period | 308 | 253 | ||
| Earnings per share from | - basic | 6 | 85.3p | 70.2p |
| - diluted | 6 | 85.2p | 70.0p | |
Consolidated Income Statement