• Sales £368.2 million up 1 per cent
  (2002: £364.9 million)

• Operating profit (before goodwill amortisation and exceptionals) £24.5 million up 20 per cent
  (2002: £20.5 million)

• Profit before tax, goodwill amortisation and exceptionals £18.3 million down 7 per cent
  (2002: £19.7 million)

• Earnings per share (before goodwill amortisation and exceptionals) 3.0 pence down 12 per cent
  (2002: 3.4 pence)

• Operating profit/(loss) after goodwill amortisation and exceptionals £10.9 million
  (2002: loss of £37.7 million)

• Profit/(loss) before tax after goodwill amortisation and exceptionals £5.5 million
  (2002: loss of £34.2 million)

• Basic earnings/(loss) per share 1.0 pence
  (2002: loss of 7.1 pence)

• Net year end gearing 16 per cent*
  (2002: 12 per cent*)

* ratio of net borrowings to shareholders’ funds plus net borrowings