Financial highlights
Ø EBITDA before exceptional items of £142 million (H1 2015: £144 million), in line with expectations and reflecting the impact of planned disposals
Ø Profit before tax and exceptional items of £57 million (H1 2015: £57 million) as interest savings from reduced debt offsets reduction in EBITDA
Ø Profit after tax increased to £33 million (H1 2015: £4 million), primarily due to lower exceptional refinancing costs and property valuation movements
Ø Adjusted earnings per share# up 2.2% at 9.2p (H1 2015: 9.0p)
