Significant impact from Aeroflex on half year results; acquisition on track
Order intake up 32% and 5% at constant currency before M&A
Total revenue growth of 26% reflecting Aeroflex acquisition and organic growth of 0.3%
Underlying EPS growth of 8% including significant contribution from Aeroflex
Private venture investment increased to £71m or 8.4% of revenue (2014: £42m or 6.6%)
Good progress on major aerial refuelling development programmes; previously identified technical issues largely retired
Statutory profit and EPS include non-underlying charges associated with acquisition and integration of Aeroflex
Successful refinancing of the US$370m balance of two year Aeroflex bridge facility, securing medium to long term debt facilities
Sharpening strategic focus through portfolio divestments
Interim dividend increased by 5% to 3.05p reflecting Group's progressive dividend policy with intention to rebuild cover over time
