
Strong progress against the strategic objectives set out for 2020
· Turnover increased 5.5%, including a positive currency impact of 1.7%
· Underlying sales growth 3.0%, ahead of our markets, with price up 3.0% and flat volumes
· Excluding spreads, underlying sales growth of 3.4% with volume up 0.3%
· Underlying operating margin up 180bps, reflecting faster savings delivery and phasing of investment
· Underlying earnings per share up 14%, constant underlying EPS up 12%
· Net profit increased 22%
First half dividend increased to 62.04p (52.45p)