BBA Group Annual Report 2004 - BBA Aviation

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8 BBA GROUP CHIEF ANNUAL REPORT 2004 EXECUTIVE’S REVIEW AS A GROUP WE HAVE THE ABILITY TO REMAIN FOCUSED. 2004 HAS PROVIDED A STABLE ENVIRONMENT FOR BBA TO BUILD FURTHER. HOW? 1 In Aviation we further increased our market share through strategic acquisitions in Europe, new business wins and investment. 2 Despite high raw material costs, we have achieved good growth in Materials Technology through further acquisitions and product launches that have led to major contract wins. As we look forward our strategy continues to be focused on growth primarily in Aviation Services where we see good opportunities to increase revenues.
Roy McGlone Group Chief Executive 9
Page 1 and 2: BBA GROUP ANNUAL REPORT 2004
Page 3 and 4: AT THE HEART OF OUR BUSINESS IS THE
Page 5 and 6: AVIATION Business Aviation £255m S
Page 7 and 8: Operating profit † £140.2m Turno
Page 9: Roberto Quarta Chairman 7
Page 13 and 14: AVIATION £800m MATERIALS TECHNOLOG
Page 15 and 16: another 6 new airport locations in
Page 17 and 18: situation and better balance the en
Page 19 and 20: In Healthcare, we experienced bette
Page 21 and 22: We will continue to look for assets
Page 23 and 24: Turnover and Operating Profit* Exch
Page 25 and 26: The continued weakness of the US do
Page 27 and 28: OUR PORTFOLIO THE FOLLOWING SECTION
Page 29 and 30: BBA operates in the Americas, Europ
Page 31 and 32: SIGNATURE As the leading provider o
Page 33 and 34: ASIG Our ramp side services are vit
Page 35 and 36: APPH Thousands of aircraft, hundred
Page 37 and 38: BBA FIBERWEB BBA Fiberweb facilitie
Page 39 and 40: Board of Directors 38 Directors‘
Page 41 and 42: BOARD OF DIRECTORS 1 2 3 4 5 6 7 8
Page 43 and 44: DIRECTORS’ REPORT Substantial sha
Page 45 and 46: DIRECTORS’ CORPORATE GOVERNANCE R
Page 47 and 48: 6. Information and Professional Dev
Page 49 and 50: Auditor Independence and Audit Effe
Page 51 and 52: DIRECTORS’ REMUNERATION REPORT Th
Page 53 and 54: TSR ranking in Proportion of shares
Page 55 and 56: Table 1 - Emoluments and fees (audi
Page 57 and 58: d. Pension UK The executive directo
Page 59 and 60: INDEPENDENT AUDITORS’ REPORT Inde
Page 61 and 62:
GROUP AND COMPANY BALANCE SHEETS GR
Page 63 and 64:
RECONCILIATION OF MOVEMENT IN GROUP
Page 65 and 66:
Scrip Dividends The option to recei
Page 67 and 68:
2004 2003 Continuing Discontinued T
Page 69 and 70:
2004 2003 2004 2003 pence pence 5 D
Page 71 and 72:
Group Company Land and Plant and La
Page 73 and 74:
Group Company 2004 2003 2004 2003 1
Page 75 and 76:
Group Company 2004 2003 2004 2003 1
Page 77 and 78:
17 DERIVATIVES AND OTHER FINANCIAL
Page 79 and 80:
17 DERIVATIVES AND OTHER FINANCIAL
Page 81 and 82:
19 CAPITAL AND RESERVES - continued
Page 83 and 84:
19 CAPITAL AND RESERVES - continued
Page 85 and 86:
23 PENSIONS AND OTHER POST-RETIREME
Page 87 and 88:
23 PENSIONS AND OTHER POST-RETIREME
Page 89 and 90:
FIVE YEAR SUMMARY Profit and loss a
Page 91 and 92:
SHAREHOLDER INFORMATION ANALYSIS OF
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BBA Group Annual Report 2004 - BBA Aviation

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