FINANCIAL HIGHLIGHTS
· Group revenue of £639.8m, up 3.2% (as reported) and up 3.9% on a like for like1 basis
· Convenience Foods revenue of £614.7m, up 4.9% on a like for like1 basis
· Group operating profit2 up 7.8% to £40.1m
· Group operating margin2 of 6.3%, a 30 bps increase
· Adjusted EPS3 up 8.6% to 7.6p
· Interim dividend of 2.4 pence per share, an increase of 9.1% versus H1 14
· Replacement of the Group's primary bank facility with a five year £300m Revolving Credit Facility extending the weighted average maturity of debt to 4.5 years
STRATEGIC DEVELOPMENTS
· Significant planned increase in capital investment to support customer business wins
· Phase 1 extension of Northampton facility successfully completed and second phase well underway
· Roll out of new product range from extended Jacksonville facility in the US
· New build in Rhode Island completed to plan in late March and now shipping product to key customers
