A strong first-half performance gives confidence that the group can deliver the target of double-digit growth in profit before tax in 2015. The portfolio approach was clearly beneficial and led to an improvement in ROCE and strong cash flow. This gives flexibility going forward to supplement organic growth with acquisitions and to enhance potential returns.
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Portfolio approach paying dividends
- Published:
02 Oct 2015 - Author:
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A strong first-half performance gives confidence that the group can deliver the target of double-digit growth in profit before tax in 2015. The portfolio approach was clearly beneficial and led to an improvement in ROCE and strong cash flow. This gives flexibility going forward to supplement organic growth with acquisitions and to enhance potential returns.