Share Price
16 Mar 2010
Delayed by 15 minutes

57.35p +0.35p

Key Performance Indicators

Alongside absolute profit and debt measures, the Group uses several financial key performance indicators (KPIs) to measure progress.

KPIs for 2008/09, as detailed in the Performance review of the 2008/09 Annual report, are detailed below:

KPI

2008/09

2007/08

Revenue growth (underlying)1

5.0%

3.3%

Operating margin*

5.4%

5.2%

Return on net assets (RONA)*

14.7%

13.7%

Pre-restructuring free cash flow2

£35.4m

£48.3m

Debt ratio (pre-restructuring)

2.1 times

2.0 times

Return on invested capital (ROIC)*

11.7%

11.0%


* Results are stated before restructuring items. 'Restructuring items' which relate to significant restructuring events are presented as a separate column within their relevant Condensed consolidated income statement category. Presentation of these items in a separate column helps to provide a better indication of the Group's underlying business performance. 'Restructuring items' includes costs or income associated with the restructuring of businesses and gains or losses on the disposal or closure of businesses

1 Underlying revenue excludes the impact of currency rate changes, product categories no longer manufactured and acquisitions and discontinued operations, including Fenland

2 Free cash flow is net cash from operating activities, adjusted for special pension contributions, less net capital expenditure, plus interest received. Net capital expenditure is purchase of property, plant & equipment (PPE) less grants received and proceeds from sale of PPE