Regus Full-Year Profit Rises

Regus PLC RGSJY posted a 7% gain in pretax profit for the full year. Regus posted a pretax profit of GBP87.1 million, compared to GBP81.5 million, in the year-earlier period. Earnings per share rose 4% to 7.4 pence. EBITDA jumped 19% to 224.8 million pounds. Its revenue climbed to GBP1.68 billion from GBP1.53 billion. The company's board declared a final dividend of 2.75 pence per share. CEO Mark Dixon said, "Regus is performing well. Our past investments are producing attractive returns that are well above our cost of capital. This performance gives us the confidence to continue to invest, thereby enhancing future shareholder value."
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