Morgan Advanced Materials H2 Earnings Call Highlights

Headline free cash flow was an inflow of £45.4 million , which management said reflected continued working capital improvements. Adjusted EPS was £0.159 , and the company held its total dividend flat at £0.122 for the year. Group headline adjusted operating profit was £99.1 million , down £29.3 million , for an adjusted operating margin of 9.6% . The figure included £5.3 million of predisposal operating profit from Molten Metal Systems (MMS). Return on invested capital was 14.1% , "slightly below" the compa ...