Highlights 2007

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  • Record levels of revenue and profits
  • Gross margin increased to 57.5% (2006: 53.7%)
  • Conversion rate up to 31.3% (2006: 27.9%)
  • Over 60% of gross profits generated outside the UK
  • EMEA gross profits up 55% and now largest region
  • Americas gross profits up 79%
  • Cash generated from operations up 88.6% to £148.7m (2006: £78.8m)
  • 15.1m shares repurchased at a cost of £74.9m (includes 3.5m shares repurchased into trust)
  • Group headcount increased by 34% to 5,052 employees

*2003 amounts stated under UK GAAP. ‡ the amount of operating profit as a proportion of gross profit.

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