Results summary
- 3% volume growth. Price increases together with mix benefits drove 7% organic net sales growth
- 9% organic operating profit increase
- 4 percentage points of price/mix drove organic gross margin improvement of 70 basis points
- Marketing was up 10% on an organic basis with 20% growth in emerging markets and 8% growth in North America
- Delivered overhead savings in Western Europe and reduced corporate costs
- Organic operating margin expansion of 60 basis points
- eps pre-exceptional items up 16% to 55.9 pence per share
- Interim dividend increased by 7% to 16.60 pence per share
