Preliminary results for the year to 31 March 2015 showed strong progress and were ahead of market expectations, including our own. Sales, margins, and cash generation all positively surprised us. An improvement in business customer activity and consumer confidence, compared with the prior year, combined with continuing product innovation and ongoing e-commerce investment drove the top line. An increasing share of online business is supporting efficiency. The current year has started well, and our estimates for earnings and fair value are increased.