2021-22
Interim results & presentation 2021/22 - February 2022
Strong order intake up 16% compared to HY 2020/21 and underlying operating cash conversion of 162%, providing good momentum for the second half.
Highlights
- Overall trading in line with the Board’s expectations
- Strong order intake of £210.6m, a 16% increase, driven by accelerating environmental trends across all the segments
- Revenue up 13% at £185.5m with improved performance in all segments at constant currency
- Good order intake and revenue growth in A&I signalling inflection point towards sustainable profitability
- Underlying operating profit up 42% at £10.5m
- Strong underlying operating cash conversion of 162%
- Net debt reduction to £39m creating opportunities to invest for growth
- Interim dividend of 2.91p declared