St Ives plc

Chief Executive’s Review

The Group continues to restructure its activities and implement plans to reposition the business ”

Patrick Martell
Chief Executive

How we performed

£296.8m
Underlying*
revenue

2010: £291.4m
£20.9m
Underlying*
profit before tax

2010: £17.8m
£16.9m
Profit before tax*
2010: loss £13.2m
14.45p
Underlying*
earnings per share

2010: 11.83p
13.22p
Basic earnings per share
2010: loss 10.87p
5.25p
Total dividends per share
2010: 3.50p per share
£16.3m
Net cash
2010: net debt £2.7m

* Before non-underlying items which comprise restructuring charges, provision releases, operating results of non-continuing operations, amortisation of acquired intangibles and one-off items.

All figures for revenue, profit and earnings per share are based on continuing operations.