Return to Profit Growth
Adjusted operating profit increased by almost 10%, and adjusted earnings per share rose by 6.5%.
Strong Capital Returns
GBP 81 million returned to shareholders through dividends and share buybacks. A new buyback program for GBP 25 million announced.
Revenue Growth
Revenue of GBP 1.25 billion was 10.1% higher than the same period last year, with a 60 basis point improvement in gross margin.
Strong Performance in Ireland and Spain
Irish distribution business delivered a 7.3% increase in adjusted operating profit, and Spain's Salvador Escoda showed a 6.9% increase in like-for-like revenue.