Annual Report and Accounts for the year ended 31 March 2009
Annual Report and Accounts for the year ended 31 March 2009

CHAIRMAN’S STATEMENT

At a time when the global economy has experienced systemic weakness, the strategy we have been pursuing has yielded another year of record growth in revenue and trading profit.

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CHIEF EXECUTIVE’S REVIEW

For the first time revenue has exceeded £250 million, a growth rate of 62% for the year and over the last three years, a compound average of 35%. At over £47 million, trading profit has more than doubled in the year ended 31 March 2009.

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ENGINEERING INNOVATION

AEROSPACE

AUTOMOTIVE