Pdf

Return on capital employed

(%)

Performance

Return on capital employed increased by 2.2 percentage points during the year, from 17.1% to 19.3%.

Headline operating profit increased by 24.4% from £99.6m to £123.9m, while average capital employed increased by 10.3% to £642.5m.

Definition

Headline operating profit as a percentage of the average of opening and closing capital employed as adjusted for certain items of goodwill written off.

Capital employed is defined as net assets adjusted for net cash/(debt).

Headline earnings per share

(pence)

Headline earnings per share graph

Performance Headline earnings icon

Headline earnings per share increased by 12.2 pence (33.0%) during the year, from 37.0 pence to 49.2 pence.

Definition

Headline earnings per share is defined in note 10 to the financial statements.

Return on sales

(%)

Mp Return On Sales

Performance Return-on-sales.png

Return on sales increased by 1.4 percentage points during the year, from 16.6% to 18.0%. Headline operating profit increased by 24.4% from £99.6m to £123.9m, while revenue increased by 14.9% from £600.6m to £690.2m.

Definition

Headline operating profit as a percentage of revenue.

Headline operating cash flow

(£m)

Headline operating cash flow graph

Performance Headline operating cash flow icon

Headline operating cash flow for the Group was £111.7m (2016: £91.4m). This was 90% of headline operating profit (2016: 92%).

Definition

Headline operating cash flow stated before cash flow relating to restructuring of £3.7m (2016: £7.6m) and acquisition costs of £nil (2016: £0.6m).

Accident frequency

(number)

Accident frequency graph

Performance Accident frequency icon

Bodycote works tirelessly to reduce workplace accidents and is committed to providing a safe environment for everyone who works at or visits our locations. The accident frequency rate has increased to 1.6 in the year (2016: 1.5). Further details are included in the Corporate responsibility and sustainability section.

Definition

Accident frequency is defined as the number of lost time accidents 5 200,000 hours (approximately 100 man years), divided by the total number of employee hours worked.

Carbon footprint

(tonne CO2e/£m sales)

Carbon footprint graph

Performance Carbon footprint icon

On a normalised basis, the carbon footprint decreased by 0.3% from 494.8 tonnes per £m sales to 493.1 tonnes per £m sales. Further details are included in the Corporate responsibility and sustainability section.

Definition

Carbon footprint is defined as tonnes of CO2 equivalent emissions divided by £m revenue.

CO2 equivalent emissions are calculated by taking electricity and gas usage in kilowatt hours and multiplying by country specific conversion factors provided by the International Energy Agency (IEA). Normalised emissions statistics restate prior year figures using current year country specific conversion (IEA) factors and current year average exchange rates.