Annual Report 2014
World of Opportunity
Strong Momentum Continues
The Group majors on the design, manufacture and distribution of mechanical fasteners on a global basis to both distributors and OEM assemblers.
Continued roll out to multi-national OEMs
Distributor sales — renewed growth
Cash conversion of EBITDA at historic high
Ongoing margin enhancement through self-help
Post year end major acquisition
Significant dividend uplift
We have made excellent progress for the period, as our ambitious performance objectives have been achieved for yet another year"
*Before separately disclosed items which are shown in the financial statements