18 April 2024 - trading update

The power and data connection group has issued a trading update for the year to 31 March and this has confirmed that revenues for the year are expected to be at least $900m, which would be an increase of 25% over last year.  Underlying operating profit is also expected to be above market expectations of £84.2m.  The second half of the year saw an increase in organic revenues helped by the group having market leading positions with the acquisition of Murat Ticuret also generating additional revenues in a largely new end-market.  The integration . . .

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