Year at a Glance
8.5*
7.0
2.7
1.1
4.2
Highlights
Further growth in own branded products, accounting for
59% of revenue (2004: 55%)
Improved diluted earnings per share
Investment in a manufacturing joint venture in China
Opening of office in Shanghai providing logistical and
technical support
Share buy back of 1,030,000 shares for an average price
of £3.427 during the period
Strong free cash flow (see note 24)
Dividend to be increased by 14% to 16p per share
(see note 8)
05 04 03 02 01
Profit from operations (£’millions)
* 2005 includes £1.0 million of capitalised
development costs
UK GAAP IFRS