Half Yearly Report
Q2 Financial Highlights
· Revenue of $1,029 million, up 2% on an underlying basis
· Trading profit of $234 million, up 6% on an underlying basis
· Trading profit margin up 80 bps to 22.7% as ASD restructuring benefits come through
· Strong performance from Sports Medicine Joint Repair and NPWT
· EPSA consistent at 18.1 cents
· Group moves to net cash of $150 million
· I
nterim dividend increased 50% to 9.9¢ and new progressive dividend policy