Note |
2019 £m |
2018 £m |
||
Revenue | 2,112 | 1,920 | ||
Cost of sales | (1,608) | (1,451) | ||
Gross profit | 504 | 469 | ||
Administrative expenses | (93) | (87) | ||
Operating profit | 2 | 411 | 382 | |
Financial income | 3 | 3 | 3 | |
Financial costs | 3 | (8) | (10) | |
Net financing costs | (5) | (7) | ||
Share of profit of joint ventures after interest and taxation | 10 | - | 5 | |
Profit before tax | 406 | 380 | ||
Income tax expense | 4 | (77) | (72) | |
Profit for the period | 329 | 308 | ||
Earnings per share | - basic | 6 | 92.3p | 85.3p |
- diluted | 6 | 92.0p | 85.2p |