Highlights
Revenue down 1.3%; up 4.6% at constant exchange rates
Headline operating profit up 7.1%
Headline margin up 140 basis points to 18.0%
New Technologies moved ahead strongly
Net cash at £5.5m
Interim dividend of 4.6p, up 4.5%
Commenting, Stephen Harris, Group Chief Executive said:
"The Group delivered a strong first half performance. Organic growth and margin improvement were affected by currency headwinds, which at current exchange rates will have a greater impact in the second half.
Noting that the Group has limited forward visibility, the Board continues to expect further progress in 2014 on a constant currency basis."
