HIGHLIGHTS
Results in line with recent trading update
Continued progress in leveraging strong market positions, geographic diversity and innovative products
Specialty Products adversely impacted by low oilfield activity
o Coatings sales up 1 per cent
North American decorative coatings sales up 8 per cent
Sales in Asia Pacific lower by 1 per cent due to Q2 slowdown in China
European coatings sales up 4 per cent
o Personal care sales performance slightly higher than previous period*
o Oilfield revenues down by 30 per cent as low oil prices impact activity
Chromium
o Generating consistent operating profit in line with strategy
Group operating margin stable at 19 per cent
Net balance sheet cash position increased to $16.1 million
Interim dividend maintained at 2.70 cents