1 heywood williams group plc 2004 preliminary results 10 march 2005 2 restructuring completed simplified and focused into three market leading divisions management team strengthened future development focus develop lasalle bristol the hardware division restore plastic systems to profitability complete coldseal mitigation plans maintain a strong balance sheet start on medium term highlights 3 financial 499 4363 turnover reduced by disposals from continuing operations 71 8 32 4 loss before tax exceptionals & non cash accounting items 5 profit 19 9 after operating 39 952 tangible shareholders funds up 31 20032004 317 1319 0 54 64 18 net positive reported million exceptional goodwill amortisation impairment notional interest provisions review 74 27 taxation 2taxation 6