A well balanced and profitable group Engineered Products Cylinders Alternative Energy H1 Revenue 9.3m +33% H1 Revenue 10.5m +23% H1 Revenue 0.1m down 0.8m H1 Op Profit 1.1m +270% H1 Op Profit 2.2m +23% H1 Op loss 0.3m down 0.2m…
Sales increased by 21% m 16.4 19.9 0.8 0.1 2.3 0.7 2014 major 1.3 Sales growth at sales all in second Additional Hydratron and half Alternative Energy 0.9 defence projects Al-Met 2013 major sales in the first 9.3 One month of…
Underlying operating profit increased by 53% H1 2013 H1 2014 m m m Cylinders 1.8 2.2 Engineered Products 0.3 1.1 0.2 0.2 Alternative Energy (0.1) (0.3) 0.8 0.6 Unallocated central (0.6) (0.8) costs 0.4 Underlying operating 1.4…
Strong balance sheet Fund 29 Mar 28 Sep 30 Mar KGTM Roota raise 2014 2013 2013 m m m m m m - 11.6 - Intangible assets 14.6 3.2 3.3 2.4 - - Investment/loans in KGTM 2.3 - - - 1.6 - Fixed assets 6.7 4.8 4.6 - 1.2 - Inventories 8.8…
Strong cash balance for further investments 7.8 2014 Half Operating cash flow 1.8m (2013: 0.6m) year closing net m funds 16.0 0.5 Roota acquisition Acquisition Reduced Capital costs (net) working expenditure Group…
Oil and gas market driving Cylinders Revenue 10.5 million +23% Operating profit 2.2 million +23% Strong demand for deep water oil & gas platforms Sales and orders ahead of same period last year Price reductions conceded for 2014 to…
Acquisition in new market and technology Share of losses of associate 0.1 million % n/a Manufacturer of Gas Transport Modules (GTMs) 40% stake acquired for US0.5 million and US3.5m loan Option to increase to 80% in 2015 via…
Expanded Engineered Products Revenue 9.3 million +33% Operating profit 1.1 million +270% Strong sales and profit growth Second half 2013 recovery sustained through 2014 at Hydratron Al-Met increased sales and profits Roota contributing…
Breakthrough in Alternative Energy Revenue 0.1 million -0.8million Operating loss 0.3 million -0.2 million Sales Four orders, four customers received - total value 11.0 million Delivery second-half 2014 and first-quarter of 2015…
Outlook Great markets Continued growth in oil and gas market High added value opportunities in defence Alternative energy set for rapid growth Great products Strong demand for core products Development programme of next…