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- When measured in US dollars, the operating currency
for the Group, sales increased by 8 per cent to $303.3 million compared
to the first half of 2002.
- On conversion to sterling, the reporting currency
for the Group, sales declined to £188.7 million.
- Sales growth has been particularly strong in the
Specialty Rubber business.
- Implementation of both strategic and operational
programmes is proceeding well in all businesses.
- Cost reduction and process improvement programmes,
including Six Sigma, continue to deliver benefits.
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