HEADLINES
- Group's first half operating profit performance up 13% to 31.5m
- Headline EPS up 24% to 21.4p
- Interim dividend maintained at 14.1p
- Operating cash conversion** of 109%, net debt remains low at 39m
- Banknote print volumes up 12% to 2.8bn notes
- Strong Currency order book up 14% on year end
- Good progress with the delivery of the Improvement Plan
Nicholas Brookes, Chairman, commented:
"We have delivered a strong first half performance with banknote print volumes materially above the previous half year. Our Solutions business unit completed the successful ramp up of the UK Passport contract and sales of the large banknote sorter remain good. Our strong order book in the Currency business unit underpins our confidence in meeting our expectations for the full year."
