Weexpectfilterdemandtogrowasmoremasksystemsaredeliveredalthoughcustomerschedulingoffilterdeliveriesremainsdifficulttopredict,thegrouprevealed。

TheProtectionDefencedivisionsfull-yearorderintakeisexpectedtobeup38%onthepreviousfinancialyear,givingthegroupimprovedvisibilityonrevenuesfromboththeDoDandcommercialcustomersfor2013。

TheDairybusiness,whichproducesmilkingequipment,isperforminginlinewithexpectations。

NetdebtattheendofJunestoodat£10。

2m,animprovementonthenetdebtpositionof£11。

8mattheendofSeptember2011,reflectingthetimingofworkingcapitalmovementsandthesignificantinvestmentmadeinproductdevelopmentduringtheyear。

WithimprovedoperationalperformancefromProtectionDefenceandtheDairybusinessperformingstrongly,wecontinuetoexpectthattheresultsforthesecondhalfoftheyearwillbestrongerthanthefirsthalfwithyearonyeargrowthcomparablewiththelevelseenduringthefirsthalf,thecompanysaid。

At8:34thestockhaddeclined2。

9%。

JH

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