Full Year 2021 Grafton Group PLC Earnings Call Transcript
Good day, and welcome to the Grafton Group plc Full Year Results 202 Live Q&A. I will now hand you over to CEO, Gavin Slark. Please go ahead, sir.
Hi. Good morning, everybody. I hope everybody is well. I'm very conscious. This is a very busy news day outside of our arena. But obviously, many of you will have seen the announcement. Hopefully, some of you will have seen the slide presentation that was on the web earlier on.
Before we go into Q&A, really just a very sort of brief headline view of how we saw 2021. Obviously, a very, very strong year in terms of financial performance, really good performance in terms of operating profit and the EPS both showing significant uplifts on the prior year. Balance sheet in incredibly good shape, finishing the year with that GBP 588 million of cash on the balance sheet, which obviously puts us in a very good position for developing the business going forward. Significant proposed increase on the dividend, absolutely in line with that dividend policy that
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