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GUS Annual Report 2005
GUS has completed another successful year, with all
three of our main businesses again achieving record profits. Sales from
continuing operations increased by 7% to £7.6bn and profit grew
by 10% to £910m before amortisation of goodwill, exceptional items
and taxation.
| Financial highlights |
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|
|
|
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| for the years ended 31 March |
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2005 |
2004 |
Change |
| Total sales |
|
|
|
£7.8bn |
£7.5bn |
up 3% |
| Profit before tax before amortisation of goodwill
and exceptional items* |
|
|
£910m |
£827m |
up 10% |
| Earnings per share before amortisation of
goodwill and exceptional items |
|
|
63.8p |
60.7p |
up 5% |
| Dividend per share |
|
|
|
29.5p |
27.0p |
up 9% |
| * One-off charges have been made covering the Argos OFT fine (£16.2m) and Homebase reorganisation
costs (£18.3m). Excluding these one-off charges, Group PBT
was £945m (up 14%). |
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