13 October 2022 - trading update

The engineering and defence group has issued a trading update covering the second quarter to 30 September confirming that trading remains strong.  with an excellent level of order intake.  First half orders of £800m are 18% higher than last year and the company now has 90% of revenues for the year to 31 March 2023 under contract.  The interim results are due to be published on 10 November but these seem likely to please and the shares could move back up to the high for the year of 395p if that is the case.  Full . . .

This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.

Already a member, log in HERE.

Tagged: