Annual report 2013/14

• A record year end order book up 17% to £142m (June 2013: £121m)
• Order intake up 19% to £259m (June 2013: £218m)
• Underlying⁽¹⁾ profit before tax up 8% to £24.6m (June 2013: £22.7m)
• Organic⁽²⁾ profit before tax up 3% to £23.3m (June 2013: £22.7m)
• Underlying⁽¹⁾ basic earnings per share up 9% to 38.7p (June 2013: 35.4p)
• Net funds up £6.5m to £12.6m (June 2013: £6.1m)
• Full year dividend up 9% to 15.2p per share (June 2013: 14.0p)
• Multi-year engine supply agreement signed with McLaren Automotive in December 2013
• Strong balance sheet and good platform for further growth and expansion
• Outlook remains positive as we approach our centenary year

⁽¹⁾Excluding specific adjusting items, which comprise amortisation of acquired intangible assets and acquisition costs amounting to £1.1m (2013: £2.0m).
⁽²⁾Excluding Ricardo-AEA (£1.3m) for the period up to 8 November 2013. Ricardo-AEA was acquired in the prior year on 8 November 2012.