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6th March 2001

PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2000

  • Sales on continuing operations up 22% to £1,337 million
  • Operating profit on continuing operations* up 13% to £187 million
  • Earnings per share on continuing operations* up 6% to 28.0p
  • Dividends up 5% to 10.1p
  • Aviation Services: continued strong growth
  • Materials Technology: launch of major productivity initiative

* before goodwill amortisation and exceptional items

Commenting on the results, Roy McGlone, BBA Group Chief Executive, said:

"This is a strong set of results with operating profit in our continuing operations growing by 13 per cent despite tough market condition in Nonwovens. 2000 has been an important year in the transformation of BBA with the sale of the Automotive Friction business, some significant acquisitions and two exciting strategic alliances that will help drive the Group forward.

"As we enter 2001 Aviation Services continues its forward momentum. However, it will be a challenging year for Materials Technology, particularly the first half. Our market leading positions and the actions already in hand will place BBA in a strong position in the challenging economic environment we face in the year ahead."

Enquiries:

Roy McGlone, Deputy Chief Executive, BBA Group PLC, 020 7842 4900
Andrew Wood, Finance Director

Susan Gilchrist/Nigel Prideaux, Brunswick, 020 7404 5959

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