Intercontinental Hotels FY Reported Revenue Slips 2% - Quick Facts

(RTTNews) - InterContinental Hotels Group Plc (IHG, IHG.L) reported that its full-year 2014 profit before tax of $600 million was unchanged on 2013, while adjusted profit before tax dropped to $571 million from $595 million last year. Year-over-year, annual earnings per ordinary share increased to 156.4 cents from 139.3 cents, whilst adjusted earnings per ordinary share stood at 156.4 cents this year.

Revenue for the year 2014 declined 2% year-over-year to $1.86 billion from $1.9 billion on a reported basis, while it increased by 6% to $1.67 billion from $1.57 billion last year, on an underlying basis at fiscal 2013 constant rates.

In addition, the board proposed a final dividend per ordinary share of 52 cents. With the interim dividend per ordinary share of 25 cents, the full-year dividend per ordinary share for 2014 would total 77 cents, an increase of 10% over 2013.