
Mixed H1 trading results
o Record solar and UK North Sea revenue, offset by weak performance from Americas O&G
o Non-cash impairment charge and asset write-offs of £440m (including Americas O&G and GPG)
o Interim dividend of 7.4p
Reiterate key guidance
o Expectations for FY2016 trading result unchanged
o Target £500m of proceeds from disposals by June 2017
Strategy, organisation and cost review initiated; to be completed in autumn