Headline operating profit was £107.4 million, compared to £97.5 million.

“In 2013 improvements in business mix, plus the full year effect of the 2012 acquisitions, enabled Bodycote to achieve good growth and strong returns, despite weak markets in the early part of the year,” said Stephen Harris, chief executive. 

Bodycote acquired the heat treatment businesses of Curtiss-Wright Corp in April, and Carolina Commercial Heat Treating (CCHT LLC) in October 2012.

2014 progress

“At this early stage in the year and on a constant currency basis, the board expects Bodycote’s growth initiatives to deliver further progress in 2014,” he added.