27 July 2011 – interim results

Results for the first half of 2011 showed total external revenues up 4% to £1,027m (2010: £987m).  EBITA before exceptional items increased by 45% to £240m (2010: £165m) and adjusted earnings per share leapt by 86% to 4.1p (2010: 2.2p).  An interim dividend of 0.4p was declared.  Net debt improved significantly to £52m from £188m at the year end.  The shares remain GOOD VALUE.