Financial results

Financial highlights summary for year ending 3 Apr 2010*

• Profit before tax from continuing operations up 9% to £86.2m
• Revenues up 1% to £459.1m
• Organic profit growth up 9%
• Adjusted earnings per share from continuing operations up 10%
• Statutory earnings per share increased 14%
• Excellent cash generation, ending year with net cash of £9m having started with net debt of £51m
• Strong financial position with core borrowing facilities of £165m in place until 2013
• A record dividend, increased by 7%
• Dividend cover increased to 1.98 times
• Strong margins and returns maintained; ROS 18.8%; ROTIC 13.6%;ROCE 61.3%
• China revenues up 59% and Far East/Australasia revenues up 9%

*See 22 June 2010 Preliminary Results announcement for notes applying to financial highlights.