Highlights
Bodycote moved strongly ahead despite mixed markets
Excellent performance from 2012 acquisitions
New Technologies growing following capacity enhancement
Headline margin up 70 basis points to 17.3%
Fourth yearof strong free cash generation, net cash of £15.0m
Final ordinary dividend of 9.1p, 13.5p for the year, up 10%
Special dividend of 10.0p
Commenting, Stephen Harris, Chief Executive said:
"In 2013 improvements in business mix, plus the full year effect of the 2012 acquisitions, enabled Bodycote to achieve good growth and strong returns, despite weak markets in the early part of the year.
At this early stage in the year and on a constant currency basis, the Board expects Bodycote's growth initiatives to deliver further progress in 2014."
