Trading update – ahead of closed period commencing 27 June 2017
· The business continues to perform very well and trading is in line with our expectations
· Continued market share growth, driven by the Global Drive Brands (GDBs)
· Profit growth expected to be weighted to the second half of the year, due to the phasing of volume shipments, Next Generation Product (NGP) investments and marketing spend
· First half EPS is expected to benefit from a significant currency translation tailwind of around 14%