Another Misunderstood Spin-Off, page-40

The key grab from this result is that the cost reduction program is running ahead of expectations, with Total Operating Costs now expected to come in at 730m pounds for the 2016 full-year, compared to the 760m pounds initially "guided".

In % terms at the cost line this 30m pounds difference might not sound too significant, but in the context of Operating Profit of some 220m pounds per annum, it is not an immaterial upgrade.