A method of press moulding a moulding material to form a moulded part of fibre-reinforced resin matrix composite material, the method comprising the steps of: i. providing a mould tool having a lower mould part and an upper mould part, the upper mould part having a first moulding surface for moulding a first moulded surface of the moulded part and the lower mould part having a second moulding surface for moulding a second moulded surface of the moulded part; ii. providing a multilaminar panel of moulding material comprising at least one layer of dry fibres and at least one layer of resin (72, 80, 82), the multilaminar panel having first and second opposite major surfaces (68,70); iii. locating the moulding material in the mould tool; iv. progressively closing the mould tool to define a substantially closed mould cavity containing the moulding material, the closing step having: e. a first stage prior to both the first moulding surface contacting the first major surface and the second moulding surface contacting the second major surface and f. a second compression stage after both the first moulding surface has contacted the first major surface and the second moulding surface has contacted the second major surface, the second compression stage causing resin impregnation of the dry fibres, the closure speed of relative movement between the lower and upper mould parts being higher in the first stage than in the second compression stage, wherein in the second compression stage the closure speed is from 0.2 to 2 mm/second and the second compression stage lasts for a period of from 1 to 20 seconds; v. applying pressure to the moulding material in the mould cavity to configure the moulding material in a fully moulded shape; and vi. substantially fully curing the resin to form a moulded part from the moulding material. i. providing a mould tool having a lower mould part and an upper mould part, the upper mould part having a first moulding surface for moulding a first moulded surface of the moulded part and the lower mould part having a second moulding surface for moulding a second moulded surface of the moulded part; ii. providing a multilaminar panel of moulding material comprising at least one layer of dry fibres and at least one layer of resin (72, 80, 82), the multilaminar panel having first and second opposite major surfaces (68,70); iii. locating the moulding material in the mould tool; iv. progressively closing the mould tool to define a substantially closed mould cavity containing the moulding material, the closing step having: e. a first stage prior to both the first moulding surface contacting the first major surface and the second moulding surface contacting the second major surface and f. a second compression stage after both the first moulding surface has contacted the first major surface and the second moulding surface has contacted the second major surface, the second compression stage causing resin impregnation of the dry fibres, the closure speed of relative movement between the lower and upper mould parts being higher in the first stage than in the second compression stage, wherein in the second compression stage the closure speed is from 0.2 to 2 mm/second and the second compression stage lasts for a period of from 1 to 20 seconds; e. a first stage prior to both the first moulding surface contacting the first major surface and the second moulding surface contacting the second major surface and f. a second compression stage after both the first moulding surface has contacted the first major surface and the second moulding surface has contacted the second major surface, the second compression stage causing resin impregnation of the dry fibres, v. applying pressure to the moulding material in the mould cavity to configure the moulding material in a fully moulded shape; and vi. substantially fully curing the resin to form a moulded part from the moulding material.