• INCREASE OF 6% IN UNDERLYING EARNINGS
• STRONG CASH FLOWS, RESULTING IN NET FUNDS OF £9.0M
• SIGNIFICANT IMPROVEMENT IN THE VALUATION OF THE UK PENSION SCHEME
• FULL YEAR DIVIDENDS MAINTAINED AT 5.0P PER SHARE
• SATISFACTORY LEVELS OF PROSPECTIVE PROJECTS UNDER DISCUSSION

• DEVELOPMENT OF PRODUCT RANGES IN ALL DIVISIONS
• DEMAND REMAINED STRONG ACROSS ALL PRODUCT GROUPS AT CERULEAN
• INVESTMENT IN PROCESS CAPABILITIES AND IN LABORATORY QUALITY SYSTEMS AT ARISTA
• CONCENTRATION ON DEVELOPMENT OF KEY CUSTOMERS AND INTERNAL PROCESSES IN PACKAGING MACHINERY
• COST BASE AND EFFICIENCY IMPROVEMENTS IN TOBACCO MACHINERY

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