Peachtree 2011 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 2011 Peachtree annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 32

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32

Strong cash flow driving increased
shareholder returns
•Group remains highly cash generative and well funded to 2015
•Target a minimum of 1x EBITDA within 18 months
•Achieved by a combination of returns to shareholders and
targeted M&A
•Current year dividend increased by 25%, with commitment to
increase broadly in line with earnings going forward
•To be complemented by buyback and other forms of
shareholder returns
17