Sales on continuing operations
£364.9 million
down 7%
(2001: £392.9 million)


Operating profit on continuing operations
£20.5 million*
up 63%
(2001: £12.6 million*†)

Profit before tax
£19.7 million*
up 36%
(2001: £14.5 million*†)

Earnings per share
3.4 pence*
up 17%
(2001: 2.9 pence*†)

Net year end borrowings
£37.4 million
down 6.5%
(2001: £40.0 million)

Net year end gearing
12.0 per cent**
(2001: 9.6 per cent restated**†)

Basic (loss)/earnings per share
(7.1) pence***
(2001: 1.0 pence***)

*		before goodwill amortisation and exceptionals
**		the ratio of net borrowings to shareholders' funds plus net borrowings
†		results of prior periods restated to reflect adoption of FRS17 'Retirement Benefits' and FRS19 'Deferred Tax'
***		basic (loss)/earnings per share after goodwill amortisation and exceptionals, primarily in respect of the restructuring charge for Corpus Christi previously announced in November 2002