The Group achieved good growth in the first six months of 2013:
o Revenues increased 4% on a reported basis, and 5% on a proforma(3) basis.
o Underlying profit before tax increased 7% to £182.4m.
o Underlying earnings per share increased 9% to 18.1p.
Strong balance sheet: net debt at 1.3x EBITDA.
The raising the bar initiative is delivering measurable improvements in product quality and on-time delivery.
Ongoing high levels of investment in capex and R&D to support site consolidations and recent contract wins.
Full year 2013 guidance of mid-single-digit revenue growth reaffirmed.
Interim dividend increased by 10%, reflecting ongoing confidence in our end markets.
