Group Sales Increase
Group sales increased by 7% for the first half of the fiscal year, with growth across all three business segments and regions.
Adjusted Operating Profit Growth
Adjusted operating profit increased by 12% to GBP 147 million, and adjusted profit before tax also grew by 12% to GBP 138 million.
Volume Growth
Volumes were up 11%, driven by strong growth in each business segment, with Consumer Care volumes increasing by 9% and Agriculture by 13%.
Cost Savings Plan
An additional GBP 60 million in cost savings was identified, bringing the total to GBP 100 million of annualized savings by the end of 2027.
Strong Operating Margin in Life Sciences
Life Sciences adjusted operating profit increased by 30% to GBP 56 million, with an operating margin improvement from 18.3% to 21.5%.
Consumer Health Sales Growth
Consumer Health sales grew 10%, with three consecutive quarters of steady progress.