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Record order intake at £413m, up £47m on FY 2016/17;
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Record year-end order book at £288m, up £40m on June 2017;
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Revenue up 8% to £380.0m;
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Underlying PBT up 2% to £39.0m on FY 2016/17;
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Strong performance in Asia and electric vehicle order intake, with a good mix of orders across our market sectors;
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Acquisition of Control Point to enhance US defence business;
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Disposals of Chicago and Southern Germany engine test facilities, to balance asset mix with the trend towards electrification;
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Order flow disruption in the second half and the close out of some challenging projects impacted performance in our UK Automotive business. Changes made and swiftly addressed;
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Strong working capital management has reduced net debt to £26.1m from £37.9m at June 2017 (after £6m acquisition of Control Point); and
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Outlook is positive with a good pipeline – dividend increased by 6% to 20.46p from 19.30p.