chairman's Statement
The Group’s core business is the high value-added
manufacture and supply of performance materials, based primarily on technical textiles, for strategically attractive niche markets. It now operates from 13 factories in three continents and supplies fibres, yarns, woven and non-woven fabrics for...
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Group CHIEF EXECUTIVE'S Business Review
2008 has been a very significant year for Low & Bonar, encompassing unprecedented levels of strategic refocusing, raw material volatility and changes to the economic background. I am pleased to report that the Group has entered what will be very testing times....
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2008 Highlights
£335.2m
Revenue1 - Continuing operations (£m)
£16.0m
Profit before tax, amortisation and non-recurring items1 - Continuing operations (£m)
(0.20p)
Earnings per share 1,2 - Continuing operations (pence)
1 Restated to exclude the Floors Division (discontinued in 2008) and the Plastics Division (discontinued in 2005).
2 These figures reflect the non-recurring items arising in the year including the pension equalisation charge (note 5).