Half year results in line with management expectations
Cash conversion at 53%: remain on track for full year performance of around 80%
Net debt to EBITDA of 1.78x (H1 2016: 2.29x)
Operating margin in line with prior period, at 15.7%
Organic growth in order intake of 1.5% with book to bill of 1.07
Conditional Merger Agreement to acquire Sparton Corp signed in early July
The interim 2017 dividend of 14.6p pence per share will be paid on 21 September 2017 to shareholders on the register at 1 September 2017.
