HIGHLIGHTS
Group sales reduced by 14 per cent due to lower oilfield drilling and impact of stronger US dollar.
Specialty Products delivered improved contribution margins and market share gains, successes include:
o North American decorative coatings* up 15 per cent.
o European coatings* up 3 per cent.
o Personal care* up 3 per cent for the year; 6 per cent in the second half.
Another year of excellent cash generation:
o Net cash position increased to $74.0 million.
Total dividends for the year increased by 7 per cent to 16.45 cents:
o Final dividend maintained at previous year level.
o Special dividend increased by 15 per cent; fourth consecutive payment.
