Group Overview
The Group is on track with its four year strategy to deliver shareholder value
Our mature businesses continue to perform well and our growth businesses have increased volumes, revenues and profits
With our investment phase virtually complete our focus is on driving value from all our businesses
In Air and Biomass we aim to increase volumes and drive profitability from the strong platform we have created
Elsewhere our focus is on efficiency gains, cash generation and selective realisations alongside continued excellence of customer service
Financial highlights
Revenue from continuing operations was £330.2m (2012: £247.4m) including Automotive revenue of £54.5m (2012: £nil)
Underlying operating profit was £20.9m (2012: £19.7m)
Underlying profit before tax was £13.8m (2012: £13.1m)
Interim dividend of 2.0p (2012: 2.0p) per share payable on 6 December 2013
Profit before tax from continuing operations of £10.4m (2012: £10.5m)
Earnings per share from continuing operations of 2.7p (2012: 2.6p)
Loss on discontinued operation of £0.3m (2012: loss £2.9m)
Net cash generated from continuing operations £29.6m (2012: £16.4m)
Group property assets at £336.4m (28 February 2013: £347.7m)
Net debt at £203.0m (28 February 2013: £216.4m)
