The Controls Sector businesses supply specialised wiring, cable, connectors, fasteners, control devices and adhesives thata re used in a range of technically demanding applications.
Year Ended 30 Sept
|FY 2021||FY 2020*|
|Underlying revenue growth||+16%||(14)%|
|Adjusted operating profit||£72.4m||£25.5m||+184%|
|Adjusted operating margin||21.1%||16.3%||+480bps|
*Re-presented to show central corporate costs separately and in line with current year representation.
FY 2021 highlights
- International Controls businesses +8% underlying, driven by end segment diversification and recovery in demand; underlying growth over FY 2019 by year end.
- Outstanding Windy City Wire (“WCW”) performance – double-digit growth, market share gains and a well-invested platform delivering strong leverage.
- Techsil acquisition in August adds exciting new business line in adhesives.