Preliminary Results Presentation June 2014

Preliminary Results Presentation June 2014

Highlights

  • A record year end order book up 17% to £142m (Jun 2013: £121m)
  • Order intake up 19% to £259m (Jun 2013: £218m)
  • Underlying(1) profit before tax up 8% to £24.6m (Jun 2013: £22.7m)
  • Net funds up £6.5m to £12.6m (Jun 2013: £6.1m)
  • Full year dividend up 9% to 15.2p per share (Jun 2013: 14.0p)
  • Multi-year engine supply agreement signed with McLaren Automotive 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.

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