Bob you know the industry well enough to understand that markets wax and wane and also our activity within them. I am aware that in your part of the world the market has been quiet as we have been. Overall last year was one of progress for the Readymix business which, in 2007 lost almost £20 million. OF COURSE Readymix margins are important as otherwise the losses in Readymix quickly begin to offset any gains elsewhere – we know to our cost that the whole UK business suffers if we run Readymix as a channel. And in any case why should we sell our products at a loss – what other business does that. Last year was not one of “low volumes” for everyone. Many IHC’s appear to have done quite well and also many have entered into new contracts with us. Yes we sell aggregates and cement to competitors – we are after all a cement and aggregates business as well as Readymix. Our aggregates business is busy in parts but has not seen much growth at all in the Readymix sector at the start of this year. Our cement business is busy because our competitors have plant breakdowns but once again has not seen growth in sales to competitor Readymix businesses. Looking ahead
