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· Strong H2 performance, gaining momentum: o Revenues up 4% on H2 2019 o H2 2020 underlying operating profit £11.2 million (H2 2019 £11.8 million) · RMI demand quicker to return and stronger than newbuild and social housing · Robust financial position maintained: o Strong cash generation o Significant headroom in banking facilities of over £50 million at the year end, facilities now extended to June 2024 o All pre-COVID banking covenants met with no variation or waivers o No additional funding has been sought from shareholders or banks · Recommencement of dividend payments, with proposed final dividend of 1.00 penny per share · Health and safety prioritised in response to the COVID-19 pandemic
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