The directors have reconsidered the principal risks and uncertainties of the Group. The directors do not consider that the principal risks and uncertainties of the Group have significantly changed since the publication of the Annual Report for the year ended 31 December 2017. The risks and associated risk management processes, including financial risks, can be found in the 2017 Annual Report, which is available at www.bodycote.com. The risks referred to and which could have a material impact on the Group's performance for the remainder of the current financial year relate to:

  • Markets;
  • Loss of key customers;
  • Competitor action;
  • Safety and health;
  • Environment;
  • Service quality;
  • Major disruption at a facility;
  • Capital projects;
  • Information Technology;
  • Regulatory and legislative compliance;
  • Liquidity;
  • Interest rate fluctuation; and
  • Currency exchange rate fluctuation.