Financial Performance

Revenue of £1,401.4m, a 6.0% increase on a reported basis, down 4.0% on an underlying basis¹ (2015: £1,322.0m)

Trading profit² of £133.3m, a 7.5% increase on a reported basis, and down 1.5% on an underlying basis1 (2015: £124.0m)

Return on sales² increased by 10 basis points to 9.5%; 30 basis points increase on an underlying basis1 (2015: 9.4%)

Profit before tax of £79.4m, an increase of 2.6% (2015: £77.4m)

Headline earnings per share³ of 30.4 pence, an increase of 8.4% (2015: 28.1 pence)

Recommended final dividend of 11.40 pence per share, Group full year dividend of 16.55 pence (2015: 16.275 pence)

Year-end net debt² of £320.3m, with net debt to EBITDA ratio of 1.8x

<sub>1. Underlying basis is at constant currency and excludes separately reported items and the impact of acquisitions and disposals.
2. For definitions of alternative performance measures, refer to Note 4 of the Consolidated Financial Statements.
3. Headline results refer to continuing operations and exclude separately reported items.</sub>