Interim Results Presentation 2018/19 - February 2019

Interim Results Presentation 2018/19 - February 2019

HIGHLIGHTS – for the half year ended 31 December 2018

  • Order intake good at £202m, compared to £238m in HY 2017/18;
  • Order book increased to £302m, up £7m on June 2018;
  • Revenue up 4% to £188m on HY 2017/18;
  • Underlying PBT up 1% to £15.3m on HY 2017/18;
  • Strong order intake in High-Performance Vehicles and Defence, with a well-diversified order mix overall;
  • Good performance in Rail, Energy & Environment, Defence, Performance Products and Software have fully offset weaknesses in our European and US Automotive businesses, demonstrating the importance of diversification across sectors and geographies;
  • Strong cash performance with neutral working capital and net debt at £27.5m, compared to £26.1m at June 2018;
  • Interim dividend increased by 4% to 6.00p from 5.75p; and
  • Acknowledging the uncertain economic climate, we remain positive due to a good order book and diverse pipeline, the recently signed long-term McLaren programme, and deliveries of ABS kits now underway.

Latest Presentations

Preliminary Results Presentation 2018/19 - September 2019

Preliminary Results Presentation 2018/19 - September 2019

Download
Find out more
Interim Results Presentation 2018/19 - February 2019

Interim Results Presentation 2018/19 - February 2019

Download
Find out more
Preliminary Results Presentation 2017/18 - September 2018

Preliminary Results Presentation 2017/18 - September 2018

Download
Find out more