Summary of results

Billings up 11.1% at £18.742 billion.
Reported revenue up 28.4% to £4.289 billion and up 8.6% in constant currencies.
Like-for-like revenue down 8.3% and gross margin down less at 7.8%.
Headline operating profit down 24.5% to £342.2 million from £453.4 million.
Headline operating margins down 4.5 margin points to 8.0% on a like-for-like basis.
Headline operating margins pre-severance and one-off costs at 10.0%.
Headline profit before tax down 35.2% to £252.2 million from £389.1 million.
Profit before tax down 47.0% to £179.3 million from £338.5 million.
Diluted headline earnings per share down 40.8% to 12.9p from 21.8p.
Diluted earnings per share down 50.6% to 8.8p.
First interim ordinary dividend flat at 5.19p per share.
Significant improvement in working capital in first half and relative net debt position in second quarter.
Estimated net new business billings of £1.208 billion ($1.872 billion).