financial-data

FY 2015 highlights:

  • Revenue ahead 27% at constant FX to £1.1bn.
  • Like-for-like1 (“LFL”) revenue +5% ex-Pipe Protection Technologies (“PPT”): total Group +1%.
  • Adjusted operating profit2 up 20% (at constant FX) to £172m.
  • LFL1, 2 operating margin +70bps ex-PPT, total Group LFL margin +10bps.
  • Significant site rationalisation across the Group, particularly in Health & Personal Care Packaging.
  • Adjusted EPS2 ahead 13% (at constant FX) to 47.6p.
  • Tax rate on adjusted profit reduced by 210bps to 22.8%.
  • Net debt of £374m (FY 2014: £62m), with cash flow generation offset by the acquisition of Clondalkin Specialist Packaging Division (“SPD”) and higher dividends.
  • 13% increase in the full year dividend to 20.7p per share.

1 Excludes the impact of acquisitions, disposals and foreign exchange

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