next fifteen communications group preliminary results for the year to 31 july 2003 sharp improvement in profitability highlights underlying profit before tax up from 0 94m 1 64m balance sheet remains strong with net cash at 3 5m robust operating performance achieved against difficult markets acquisition of business applied usa modest market growth returning principal particularly total dividend increased 11 0p via a final 7p per share commenting tim dyson chief executive officer said we have made satisfactory start new financial and are beginning see signs our core i therefore look forward this some optimism chairman s statement plc owner world leading public relations consultancies is pleased announce improved full has witnessed further recovery fortunes adjusted pre rose 30 2 44m 2002 88m reorganisation costs 794k 947k note 5 was
