Financial highlights:
Strong organic year on year revenue growth of 10%, with good sequential growth from Q1 to Q2
Reported revenue up by 4% to £252.6m (2013: £243.5m), after 8% currency headwind
Underlying profit before interest and tax up 21% year on year, when expressed in US Dollars
Increased investment in R&D to 9.6% of revenue, following significant increase in 2013
Underlying return on sales of 9.3% (2013: 8.6%)
Underlying profit before tax up 14% to £19.8m (2013: £17.3m)
Statutory profit before tax £16.0m (2013: £10.2m)
Underlying basic earnings per share of 6.1p, up 13% (2013: 5.4p)
Interim dividend of 4.27 pence (2013: 4.10 pence), up 4%, reflecting progressive dividend policy
Strong cash conversion of 97% (before funding Vietnamese investment)
