2011 Results Highlights
Another year of substantial profit growth, well positioned for further progress
- Substantial profit growth and accelerated progress towards targets
- Strong trading performance driven by fundamental growth drivers and management initiatives, outweighing the impact of a weaker macro-economic climate
- Yarns business now profitable with further benefits from restructuring due in 2012
- Earnings per share up 35%, full year dividend increased by 31% to 2.1p (2.8x cover)
- Confident of further growth underpinned by innovation, emerging market presence and efficiency improvement initiatives