Finance

Seven Year Financial Summary

Year ending 30 June	01/02	02/03	03/04	04/05	05/06	06/07	07/08
Sales (net)	105	112.9	114.4	118.4	117.2	120.1	116.2
EBITDA	8.2	11.7	13.9	13.8	10.9	14.9	15.3

• In the last 7 years sales have grown with a compound annual growth rate of 2% from €105.0 million to €116.2 million.
• In 2007/08 Attends Healthcare sales of €116.2 million represented a 1.2% volume increase on the previous year. Sales value fell €2.4 million due to adverse exchange rate movements.
• EBITDA increased over the period from €8.2 million (8% of sales) to €15.3 million (13% of sales), representing a compound annual growth rate of 11%. This has been a steady increase except for 2005/06, when sharp increases in raw material prices could not be immediately recovered by increased efficiency and customer pricing.
• Capital expenditure projects have allowed continuous cost improvements in the plant and have given an average payback on investment of two years.