Financial KPI's
- Revenue down £131.6m or 27.3% to £351.1m (2009 restated: £482.7m)
- EBITA* was positive at £8.0m (2009 restated: £49.2m), down £41.2m or 83.8%
- Operating loss of £8.6m - an improvement on prior year (2009 restated: loss £50.7m)
- Adjusted loss before tax* of £6.2m (2009 restated: profit £33.4m), with H2 loss of £1.4m showing an improving trend on H1 loss of £4.8m
- Loss before tax £22.8m (2009 restated: loss £71.1m)
- Net debt reduced by over 50% to £119.3m (2009: £248.4m)
- Net debt/EBITDA* improved to 1.75x (2009 restated: 1.99x) and net debt/net property, plant & equipment of 0.42x (2009: 0.77x) illustrates progress in strengthening the balance sheet
- Strong operating cash flow of £52.4m (2009 restated: £78.1m) demonstrates successful focus on cash generation
- Final dividend proposed of 0.2 pence per share (2009 restated: 1.7 pence per share, after adjusting for rights issue)
Revenue* £m

EBITDA* £m

EBITDA* % of revenue

Operating profit* £m

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