Ann: Managing Directors Presentation to AGM, page-3

It is pretty difficult to get a handle on the 'messaging' from this company.

They previously said FY15 was going to be steady as she goes; trading is challenging, etc.

Now they say "A detailed Budget for FY’15 has been prepared and the Group is confident of strong growth in revenues over FY’14. The expected results are particularly supported by:
–Major savings from the removal of high interest debt facilities"

Now, "major interest savings" have absolutely no impact on "strong revenue growth" so why mention this? Is the implication that the strong revenue growth is going to transalate to strong profit growth?

Notwithstanding this confused tone, it generally sounds pretty positive - "Opportunity for exponential growth in revenues" could finally deliver a decent return on the huge R&D investment over the past few years.