Preliminary Results Presentation June 2006

Preliminary Results Presentation June 2006

Highlights

  • Revenue £173m, up 9.5%
  • Underlying profit before tax and pensions credit £10.8m up 25.6%
  • Pension deficit reduced by £11m, pensions credit of £3.7m
  • Order book £72m, up 4% year on year
  • Pipeline of prospects at end August remains healthy at £367m (2005: £362m)
  • Germany engineering led recovery under way - small operating profit in last five months
  • Underlying earnings per share up 27% to 18.8p (2005: 14.8p)
  • Proposed final dividend increased to 6.7p ( 2005: 6.3p ), totaling 9.4p for the year (2005: 9p)

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