An interim dividend of 2.2p (H1 2019: 2.1p) will be paid on 7 February 2020 to shareholders on the register at 10 January 2020. The interim dividend represents one third of the prior year total dividend reflecting their previously communicated methodology. The full year dividend will be set in May.
Other financial highlights include:
-38% increase in orders, 30% on an organic basis, driven by growth across the Group
-16% revenue growth, 10% on an organic basis, driven by good performance in both divisions
-Underlying operating profit up 16% including £1.6m non-recurring trading items (H1 2019: nil), excluding them up 8% on an organic basis
-Strong cash performance with 129% underlying cash conversion pre-capex
-Underlying EPS up 14%.