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IAWS GROUP, plc the international lifestyle foods and agri group, announces its Interim Results for the half year ended 31 January 2006
| Financial Highlights |
31 January 2006 |
| *EPS diluted increased by 19.8% |
33.13c |
| *Group Operating Profit 29.1% higher |
€46.0m |
| *Total Operating Profit increased 23.4% |
€56.8m |
| *Pre Tax Profit up 22.6% |
€49.4m |
| Group Turnover increased 13.4% |
€715m |
| Dividend per share up 15% |
6.71c |
*adjusted for amortisation and separately reportable items
Commenting on the 2006 half-year performance, IAWS Group, plc Chief Executive Owen Killian said:
"Strong underlying growth was evident across all food markets particularly in the USA where a strong performance was delivered on the back of increased investment in production capacity. The Food Division is benefiting from its position in growth categories and continuing investment in research and development. The financial results include a full six month contribution from Groupe Hubert which was acquired in December 2004."
13 March 2006
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