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Tullett Prebon 6-month Profit Down - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Tullett Prebon PLC (TLPR.L) announced its preliminary results for the six months ended 30 June 2010.

Profit for the period attributable to equity holders of the parent was £55.1 million, compared to £60.1 million in the prior year. Earnings per share declined to 25.4 pence from 28.0 pence a year ago.

Profit before tax declined to £79.3 million from £91.7 million in the same period last year.

Adjusted earnings were £54.6 million or 25.5 pence per basic share, down from £60.8 million or 28.5 pence per basic share a year ago

Revenue for the first half was £475.8 million, lower than £517.9 million in the previous year.

An interim dividend of 5.25 pence per share will be paid on 18 November 2010 to all shareholders on the Register of Members on 29 October 2010.

Terry Smith, Chief Executive, added, "We have a well diversified and robust business and we are well positioned to
respond to, and to benefit from, changes in the way in which the OTC markets and our customers operate and are regulated. We expect to deliver a good outcome for the year."

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