Sales up 7 per cent to £573.8 million

Operating profit up 12 per cent to £63.5 million*

Profit before tax up 14 per cent to £58.4 million*

Earnings per share up 25 per cent to 11.6 pence*

Net year end borrowings down £3.8 million to £41.7 million

* before goodwill amortisation and exceptionals

Sales by division**

1 Chromium 22%
2 Pigments & Specialties 41%
3 Chemical Distribution 28%
4 Specialty Rubber 9%

Group operating profit by division*

1 Chromium 37%
2 Pigments & Specialties 49%
3 Chemical Distribution 10%
4 Specialty Rubber 4%

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