Design Group has delivered another record year of revenue and profits, beating our forecasts, aided by the strategically transformative acquisition of Impact Innovations Inc in the US. Group revenues advanced 37% including very strong underlying organic growth of 9.8%. Adjusted operating profit rose 41% to £32.6m, ahead of our forecast, with a 20bps increase in adjusted operating margin to 7.3%. With adjusted EPS rising 33% to 29.3p, the 50% increase in final dividend, ahead of our forecast 33% rise, delivers a full year dividend increase of 42% to 8.5p. With its well-defined strategy and clear route map to deliver its shareholder commitments, Design Group is well positioned to increase market share and mitigate external challenges.