Organic revenue growth (%)


3% reduction largely as a result of the non-recurrence of two large one-off orders in the prior year

Cash conversion (%)


Excellent cash conversion of 136% due to strong control over capital expenditure and working capital

Earnings per share (EPS) (p)


Reduction as expected due to the non-recurrence of large one-off orders, reduced R&D capitalisation and increased depreciation

Return on invested capital (%)


Tight control of invested capital only partially offset the reduction in profitability in the year


Safety performance (No. of incidents)


Despite the lost time incidents being up slightly versus 2014, there was a marked improvement in the second half of the year, as zero harm measures are gaining momentum

Engagement score


Encouraging increase in employee engagement scores following the launch of our new business plan and strategic priorities under the “One TT” umbrella. An employee survey was not performed in 2014

R&D spend (% of sales)


R&D spend as a percentage of sales has consistently increased since 2013 to drive innovation in areas where we have a competitive advantage



Data for each of the Financial KPIs is provided on a three year basis. For Non-Financial KPIs, data is provided on a two year basis.