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Low & Bonar PLC 2011 Preliminary Results

Low & Bonar PLC 2011 Preliminary Results

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
Coming events

07 February 2012
Preliminary results announcement