Operating margins
 

Aim: to maintain and strengthen margins. We constantly monitor operating margins and manage operating costs to keep the business efficient and cost effective. This means:

  • Focus on adding value and applying innovation
  • Increasing economies of scale
  • Unremitting focus on our cost base
  • Offshoring back office activities to India
  • Increasing the utilisation of our business centres
  • Better use of technology.

In 2006, we have continued our long term trend of improving operating margins (after share based payment charge).

Operating margins - Annual increase 19 bpts

Links and downloads 

Accounts


Accounts (PDF download 452 kb)