Henderson European Focus Trust plc Board Recommends Final Dividend, Payable on February 6, 2015; Jean Claude Banon to Stand Down from the Board; Reports Audited Earnings Results for the Year Ended September 30, 2014
Jean Claude Banon has indicated to stand down from the Board with effect from the close of the annual general meeting in 2015.
The company reported audited earnings results for the year ended September 30, 2014. For the year, the company reported net return on ordinary activities after taxation of £21,010,000 or 120.52 pence per share against £33,546,000 or 198.27 pence per share a year ago. Net return on ordinary activities before taxation was £21,520,000 against £34,098,000 a year ago. Income from investments was £5,149,000 against £5,573,000 a year ago. Net cash inflow from operating activities was £3,196,000 against £1,560,000 a year ago. Net asset value per ordinary share was 956.66 pence as on September 30, 2014 against 861.48 pence as on September 30, 2013. Net debt was £13,110,000 as on 30 September, 2014 against £16,858,000 as on 30 September, 2013.