Financial Information

2005/2006 Developments

• Increased network and sourcing capabilities in China, Turkey and Poland
• Established manufacturing presence in China
• Acquisition of Keba Fastening, Turkey
• Consolidated UK position through the acquisition of Serco Ryan, third largest UK player for £17m
• £8m raised through placing and open offer
• £15m debt facility secured to fund acquisitions
• £2m annualised cost-savings across the group
• Continued focus on cash generation

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