5 November 2024 - trading update
The specialist engineering group has announced a trading update covering the nine months to 30 September and this has revealed that revenue for the period was down 2.9% at constant currency with the third quarter seeing a decline of 5.9% due to continued market headwinds. The recent softening in the market means that the company now expects full year revenues to be down by around 5% at constant currency compared with 2023. The company is taking action to mitigate the impact of lower revenues whilst it is also picking up new orders despite . . .
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