We are delighted to report another strong performance in the first half of 2017/18 placing us firmly on track to meet full year expectations.
Sales have grown significantly and are up 14% on the comparative period last year, with organic growth accounting for 10% of this. Profits before tax, exceptional items and LTIP charges are up 27% on H1 2016/17, benefiting from production efficiencies and product mix in all regions and also from synergies at Lang, our recently acquired business in the USA.
Our diversified portfolio continues to yield very pleasing results with particularly strong sales and profit performance in USA, Continental Europe and Australia alongside a stable outcome in the UK. We look forward to providing a further update in January 2018.