Organic sales increased 2%
Record operating margin of 22.8%
Another strong performance in Watson-Marlow
Robust cash generation, 95% cash conversion
Dividend increased by 7%
Nick Anderson, Chief Executive, commenting on the results said:
"The Group achieved another solid result in 2015, demonstrating the continued strength and resilience of our strong direct sales business model, achieved against the background of a progressive slowing in global industrial production growth to very low levels and also further currency headwinds. We have continued to invest in our business for the long term and remain confident that the improvements we have made, and continue to make to our business, will enable us to outperform our markets and deliver benefits to all stakeholders."
