27 March 2024 - AGM statement
At the AGM today, the group confirmed the news issued last week concerning recent trading. Although this has been in line with expectations the second quarter of the financial year to 30 September 2024 will suffer from delays to deliveries in the rail business. This will defer the return to growth and profitability until the next financial year. Other parts of the business continue to trade well and the company is looking to rebalance the business so that it is not dependent on such large contracts which can have a large impact on short-term . . .
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