Highlights
· Trading improved in both regions as 2013 progressed
· Like-for-like sales down 0.4% for the year, up 2.2% in H2
· Post-tax return on capital employed up 20bps to 8.8%
· Strategic initiatives gaining momentum
· Market outperformance of 2.8%
· Statutory profit before tax of £2.1m
· Net debt of £121.2m including £16.4m of acquisition expenditure
· Divested underperforming German roofing business
· Final dividend increased by 20%; total dividend up 18.3% to 3.55p per share
· Outlook and expectations unchanged from January trading statement